Source: Bloomberg News
Four Fed Bank Presidents let investors know not to count on another Fed interest rate cut in October. Many have already criticized the Fed for the ½ point cut on September 18th as bailing out investors. Now Fed Bank Presidents are warning investors not to count on another decrease. The Federal [...]
Monthly Archives: September 2007
Fed Bank President Cautions Investors
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Fed Cuts Rates for First Time in 4 Years
Source: Bloomberg News
For the first rate cut since 2003 the Fed cut interest rates of the central bank to 4.75. The _ point cut was higher than expected. Although most speculated a cut of _ or _ point, the selection of the latter came as a surprise to many. Some criticized the cut as bailing [...]
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Credit Crunch Fogs Commercial Forecast
Source: Tampa Bay Business Journal
Since the residential housing market peaked in 2005, current turmoil in the housing market has made the commercial market a little hazy. Many are holding on to land investments for a few years until the market increases in activity. Apartment land is still is demand and popular. Demand is lower now [...]
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Optimism Despite Credit Market Turmoil
Source: Dallas Business Journal
Although a lot of attention is currently focused on decline in the housing market, credit market turmoil and slowing in the economy not all sectors are declining. Surveys from the Federal Reserve Bank in Dallas indicate that few outside of the housing market and lending market feel the pressures and volatility that [...]
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