November 30, 2007

GREEN CHRISTMAS:

Fed chief offers new hint of a rate cut (Edmund L. Andrews, November 30, 2007, IHT)

Ben Bernanke, the chairman of the U.S. Federal Reserve Board, acknowledged that a "fresh wave of investor concern" had led to tougher credit conditions that posed new risks to the economy, reinforcing the view that the Fed is likely to cut interest rates again when it meets Dec. 11.

Gosh, and we didn't even get him a gift...

Posted by Orrin Judd at November 30, 2007 10:36 AM
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