I'm impressed with the Fed's quick reaction to this.
Let's hope it does it's job.[the cut, that is]
It is the wrong thing to do, even for the right reasons. I am all for lowering interest rates under the right circumstances but the downstream effect will not be fun.
yep, now this will just take longer.
can they never just let things correct themselves? it would have worked just beautifully.. but no.. the govt thinks they can 'fix' this.
God help us if Hillary gets in and enacts, "not one more dime on my mortgage!" day and see how fast she tanks the country..