With a Rate Decision, GDP Report Due Today, the Fed Walks the High Wire Again

If U.S. Federal Reserve policymakers make the expected quarter-point rate cut at the end of their meeting today (Wednesday), the impact will be felt well beyond U.S. borders. Indeed, the interest-rate reduction could set in motion a series of diverse global events that will impact such seemingly unrelated areas as European inflation, global food prices, the [...] SHARETHIS.addEntry({ title: "With a Rate Decision, GDP Report Due Today, the Fed Walks the High Wire Again", url: "http://jutiagroup.com/2008/04/30/with-a-rate-decision-gdp-report-due-today-the-fed-walks-the-high-wire-again/" });