The Golden Lounge

[purlieu]

Just found this in an article:

<<The Fed was expected to cut rates further, possibly as soon as their next meeting on Jan. 29-30, if there are continued signs that the economy is weakening.
...
David Jones, chief economist at DMJ Advisors, said Fed officials have a range of options available at next week’s meeting from a quarter-point move to a half-point move to holding rates steady but indicating the Fed is prepared to move again between meetings should conditions deteriorate further. Jones predicted the Fed would lower the funds rate to 3 percent by the end of March.>>
http://www.msnbc.msn.com/id/22780489/