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San Diego Real Estate · 03-19-2008, 07:14 AM

Well as expected the Fed's did indeed cut rates not the full point as expected! However,The central bank lowered its federal funds rate — the rate it charges banks for overnight loans — by three-quarters of a percentage point, to 2.25 percent, and left the door open to additional rate cuts in the months ahead.

Now what is it too little to late or are they making the right moves to keep us from taking a faster plunge?

03-19-2008, 07:14 AM	#2 (permalink)
San Diego Real Estate Status: Administrator Join Date: Apr 2005 Posts: 2,092	Re: Interest Rates will they be cut again? Well as expected the Fed's did indeed cut rates not the full point as expected! However,The central bank lowered its federal funds rate — the rate it charges banks for overnight loans — by three-quarters of a percentage point, to 2.25 percent, and left the door open to additional rate cuts in the months ahead. Now what is it too little to late or are they making the right moves to keep us from taking a faster plunge? __________________ For professional San Diego real estate agents, contact the Advantage VIP Dream Team for all of your San Diego real estate needs today. Specializing in Rancho Santa Fe and Tulsa Real Estate!