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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (417691)	9/17/2008 4:13:58 PM
From: tejek	Read Replies (1) \| Respond to of 1583332

emergency 1/2 point fed cut??? Folks on the exchange booed the fed decision on tuesday. Market has gone to hell since. I have not a clue how lowering the rates will help but maybe folks who know more than us are right??? You lower the rates banks made money and liquidity improves. Banks making money will improve confidence in this nation's banking system. Having said that, its not good enough if the FOMC cuts. We need all the central banks throughout the world cutting. Like the FOMC, central banks are still fighting the inflation battle......they need to go the other way.