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Could the Fed Be Exporting Stagflation to Europe?

May 1st, 2008 | By William Patalon III | Category: Politics & Economics

The U.S. Federal Reserve reduced the benchmark U.S. lending rate by a quarter point – from 2.25% to 2% – yesterday (Wednesday), and then hinted that it will take a break from one of its most-aggressive rate-cutting campaigns in decades.

Tags: , Airbus, Banks In Germany, Bear Stearns, Ben Bernanke, BSC, Credit Losses, dollar, ECB, economics, fed, Fomc, inflation, Jennifer Yousfi, JPM, Jpmorgan, oil, politics, stagflation, Subprime Mortgages, WBSCGLY
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