Fed Rate Cut Does Little For Homeowners In US
http://www.usais.org/articles/28236/1/Fed-Rate-Cut-Does-Little-For-Homeowners-In-US/Page1.html
Neil Ebsworth
Neil Ebsworth is co-founder of <a href="http://www.amlaspain.com" title="http://www.amlaspain.com" target="_blank">http://www.amlaspain.com</a> , a Spanish property portal for the Real Estate industry in Spain.Read more Property Articles at <a href="http://www.experseo.com" title="http://www.experseo.com" target="_blank">http://www.experseo.com</a>
By Neil Ebsworth
Published on 03/29/2008
The interest rate cut of three-quarters of a percentage point by the Federal reserve yesterday, was part of another attempt to hold up the financial institutions on Wall Street from further speculation worries The stock market took some confidence from the move and posted the largest one day gain on the Dow Jones index for quite some time