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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (22753)9/18/2007 10:40:03 PM
From: elmatador  Respond to of 220193
 
"This is good," said Gus Faucher, director of macroeconomics at Moody's Economy.com. "This shows the Fed is on the ball and they'll move if they need to."

John Lonski, chief economist at Moody's Investors Service, said "the Fed is willing to take extraordinary measures to boost confidence and to restore liquidity. The U.S. economy is in need of an extraordinary change that might help to stabilize home sales."