Federal Reserve expected to cut fund rate
The instability the mortgage and financial industries created with the subprime lending scandal has only increased since the news about the problems broke. More and more people are more and more afraid of a recession. As a result—because fear and emotions are often responsible for creating financial problems—the Federal Reserve policy makers are meeting to discuss cutting key federal funds.
Ben Bernanke, pictured above, as Federal Chairman has promised to cushion the market and smooth over the instability as needed.
Click here to learn more about Bernanke’s plans and their expected results.
Are you currently worried about the market? Have you made any changes, financially?
federal reserve, federal reserve chairman, federal funds, market instability, subprime lending
Leave a Reply