Sunday, September 16, 2007

Rate Cut- Yes or No?

The case for a rate cut:image

-The global credit system still needs help

-Problems in the housing and real-estate industries are spreading into the broader economy

-The broader economy is slowing down

-Lenders need time to understand how bad their problems are


Why the Feds shouldn't cut rates:

-It would bail out the stupid's :)

-It would boost inflation

-The U.S. economy isn't that weak

-Some financial pain is necessary


For an in depth view of each point, check out the MSN money article

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