Posts Tagged ‘rate’

Capital One charges 70% interest?

April 29th, 2008 at 8:43 am » Comments (3)

Boy I hope this is a typo. Click for the actual, redacted statement.

What the Fed rate cut means

January 22nd, 2008 at 11:39 am » Comments (0)

This morning, the Federal Reserve Board of Governors made an “emergency” rate cut today of .75% to the federal funds rate. (Federal Reserve press release.) The Fed, in addition to everyone else, seems to be worried about the state of the economy and the potential for recession.
But what does this really mean? If you already [...]