Consumer Level Inflation, MBA Delinquency Survey, Discount Rate Reactions

by devteam February 19th, 2010 | Share

Global equity markets have reacted negatively to the Federal Reserve’s decision to hike  the discount rate by 25 basis points to 0.75% after the closing bell yesterday.

The Fed Funds rate remains in the zero to 0.25% range and in the policy statement the bank reiterated that rates will be kept low for “an extended period.” But no matter â€

About the Author


Steven A Feinberg (@CPAsteve) of Appletree Business Services LLC, is a PASBA member accountant located in Londonderry, New Hampshire.

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