Fed Gets It Right, Hawks Shut Up - Street Insider

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Fed Gets It Right, Hawks Shut Up
Sep 18, 2007 06:40 PM UTC

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Via StreetInsider.com Blog:

The Fed just cut the fed funds rate by 50bp - Bravo! This was a must. Uncle Ben got it right. He finally got over the Helicopter Ben-complex and let it fly.

All the inflation hawks will be crying and are booking appearances on TV as we speak. Yeah food is up, yeah energy is up, gold too - but housing is crashing. How can the largest household asset plummet and people not even mention it in

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