May 7th, 2008 1:23 PM by Lehel Szucs
Fed cuts again - future unclear
What does it mean to you?
The Federal Reserve cut interest rates today for the seventh straight time since September of last year. Many experts believe that the Fed is done cutting interest rates and will begin a new watch-and-wait policy. This new policy is due – in part – to the fact that the first Stimulus Act rebate checks are hitting millions of mailboxes this week. The Fed hopes this money gives a boost in the arm to the economy.
HERE ARE SOME KEY TIPS:
If you've been taking a watch-and-wait approach with your own finances, now is the time to call and review your options.
Consider this: the Federal Reserve Board meets 11 times this year to review the health of the US economy and make adjustments if needed. Don't you think you owe it to yourself to take just a few minutes and do the same with your own financial goals?
We want to ensure that you're taking advantage of this unique market and not letting it pass you by. Here are just a few things to consider:
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