The new Fed interest rate: Zero is my hero
The Federal Reserve has finally answered that age-old question: How low can you go? In a statement released early Tuesday afternoon, the Federal Open Market Committee announced it would lower the target for the federal funds interest rate to a "target range ... of 0 to 1/4 percent."
Even the great Alan Greenspan, renowned throughout the land for his willingness to lower interest rates whenever… » Full Story on Salon.com
Even the great Alan Greenspan, renowned throughout the land for his willingness to lower interest rates whenever… » Full Story on Salon.com

