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dgplexus

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dgplexus

Re: None

Tuesday, 01/22/2008 2:16:03 PM

Tuesday, January 22, 2008 2:16:03 PM

Post# of 82595
Fed Cuts Rate 0.75 Percentage Point in Emergency Move
http://www.bloomberg.com/apps/news?pid=20601087&sid=amQ_mDSVec40&refer=home

Brief excerpt: "It's the biggest single reduction since the Fed began using the rate as the principal tool of monetary policy around 1990."

Looser credit markets appear to be on their way. Particularly good news for businesses like DNAPrint Genomics, which has been seeking new funding.
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