Interest Rate Cut: Bad for the Economy?

The Fed just "keeps on cutting".  The most recent three-quarters of a point cut was welcomed (for a day anyway) on Wall-Street, but is the cure (the Fed is looking for) worse than the disease?

We personally believe these continued interest rates cuts are going to be bad for us all long term.  We’d love to hear what you think.

Crude oil prices rose sharply.  So did gold prices.  Interest rates rose for the 10-year treasury note, a key benchmark for home mortgages.

Those divergent market reactions underscored the tough task that confronts the Federal Reserve. The Fed has slashed interest rates to invigorate a struggling economy and ward off a recession.  But the Fed’s action to chop rates also raised the specter of inflation.

We believe the Fed is almost in a no-win situation.  What do you think?  Leave us your comment about this by clicking on the "comment" link below.  Your privacy is protected.  We NEVER publish anyone’s email address when they leave a comment.  Go ahead… sound off and tell us what you think.