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To: HeartlandOfAmerica; BigBadVoodooDaddy

Today’s rate cut was the “discount rate” which is different than the “federal funds rate” on Tuesday.


131 posted on 03/16/2008 9:25:24 PM PDT by jiggyboy (Ten per cent of poll respondents are either lying or insane)
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To: jiggyboy
Today’s rate cut was the “discount rate” which is different than the “federal funds rate” on Tuesday.

True. Apologies.

But that's ALSO going up and probably not by a lousy 25 basis points.

I stand corrected

Godspeed

139 posted on 03/16/2008 9:53:14 PM PDT by HeartlandOfAmerica (Don't blame me - I voted for Fred and am STILL a FredHead!)
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