Archive for 29 October 2008

I’m a Prophet – Fed Slashes Rate to 1%

Posted 29 October 2008 by
Tagged As: | Categories: Humor, The Fed | Comments Off

Back on 30 January 2008, I made a prediction. In response to the Fed cutting the rate down to 3%, I wrote: Where will it stop? Allow me to make a (hopefully erroneous) prediction – interest rates will hit 1.0% by Summer 2009. See for yourself. Alas, I regret to say that my prediction has [...]