US cuts benchmark rate to 0%!

December 16, 2008

This is the record low! When I heard the news, it reminded me of Japan.

For over a decade, Japanese interest rates stayed between 0%-0.5%, but it hasn’t work efficiently to stimulate their economy. Would it work in the US?

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One Response to “US cuts benchmark rate to 0%!”

  1. Tom Humes Says:

    Nice Site layout for your blog. I am looking forward to reading more from you.

    Tom Humes


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