Robert Barro emails me:
Did you know that the average Fed Funds rate for August was 5.0%? That is, the Fed already cut rates by a quarter point–it just did not announce it.
He is right: The intended Federal Funds rate is still at 5.25, but the actual rate was 5.02 in August.
In the preceding 13 months, [...]
Suppose a large trading nation is found to export huge quantities of products which have not been subject to proper regulatory oversight at home and create important risks for the buyers. And suppose further that importing nations have had to…
link to story
This work is licensed under
CC Attribution-Noncommercial-Share Alike 3.0 unless otherwise specified.
This software is licensed under the CC-GNU GPL unless otherwise specified.
Atom/RSS Syndication
Comments Atom/RSS
