Another Rate Cut?

The FED starts day 1 of a 2 day meeting today and one item on their agenda will be to look at interest rates. Many expect the FED to make a quarter point rate cut, but there are also rumors that there may be no cut at all. If a cut is made it is in an effort to help curb the liquidity problem that lenders are experiencing. The FED cannot afford to have the credit crunch continue on for too long, but there is always the looming problem of inflation on their minds.
Rates have been slowing declining recently and are amazingly low! Don't expect any cut they make to immediately impact these already low rates (we saw this on their last cut), but a cut will be a good thing for the market. We have pounded the condition of the market into the ground lately and it goes without saying that whatever steps are taken to help this crisis, it will still be a long road back. There is simply no quick fix!

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