Federal Reserve – No New Rate Adjustments .. For Now!?
10 December 2010
The unwillingness of the Federal Reserve to signal another round of rate adjustments, maybe due to the utter ineffectiveness of such measures to correct the ailing economy. Mortgages that remain unpaid are on the rise and more and more people sent to the streets. With such high demand for rental properties there is little left for the hundreds of thousands who are still losing their homes to get decent quarters. It may take time for the economy to heal, but there is a more urgent problem at hand and that is people are growing desperate during these down and out times of the economy.
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