and thereby facilitate resetting of mortgages and restore some confidence. The reduction needs to be meaningful.
There is no need to wait till mid Sept to do that.
This of course is separate from the current credit squeeze.
Gerry
fed ought to move on the fed fund rate soon
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14 | $64.64 |
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| Price($) | Vol. | No. |
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| $64.70 | 1008 | 1 |
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