Wednesday, May 9, 2007

FEDS KEEP RATE AT A STAND STILL

After a meeting with the Feds...their decision to keep rates the same! This is a bummer!

They are worried about the oversees dollars and not the US Economy. I think with job cuts and large companies down sizing and foreclosures on the rise we would be on the front burner!

I think if rates were to come down a bit it we would have a small spike in the economy our consumer confidence would rise and we would buy homes, cars, or make large purchases.

Maybe with the election coming things might change...hopefully for the better!

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