Anything less than that markets will slide further down.
and that will make gas go to 4 bucks.........We don't need any more rate cuts....it's like giving a wino a free bottle of wine..........
The government should stop interfering and just let this market run its course. They are only prolonging the inevitable. Besides, financial collapses are a great way to double of triple your wealth.
You're a F##king idiot..a 1% cut would tank the markets..How do idiots like you know how to use a computer??
There is a global credit crunch. Markets will go up upon 1% cut. Don't simply post rubbish.If you disagree wait and watch.
No going to help may even make the market tank. Dollar will plunge oil will sky rocket.
$ plunging, inflation can be addressed later, but the top priority of the FED now must be to prevent a total financial collapse IMO.