The Goldfish Chronicles

BBC says:

“The US Federal Reserve has cut interest rates to 2.25% in recent months to try to stimulate the housing market and consumer spending.”

and yet the mortgage interest rate continues to slowly climb. So I guess we’re using ’stimulate’ in the needle-in-the-heart sense.

This entry was posted on Tuesday, April 22nd, 2008 at 5:01 pm and is filed under Opinion. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.