What’s happening with the U.S. and El Paso Economy?
The United States along with Europe, Britain, Australia and practically the whole world used Keynes’s bible of economics for the prevention of what could have been the worst recession since the 1930’s. A combination of both monetary and fiscal policy has been used in order to make money cheap by lowering the interest rates, cutting [...]
Wednesday, March 17th, 2010
Eagle Eyes on the Fed
Federal Open Market Committee NEW YORK, NY- Today all eyes were on the Federal Reserve to see the decision on the key interest rates and how the economy was doing. The Feds left the key interest rates at 0.25 almost at zero and stated that economy activity has continued to strengthen. They stated that the [...]
Wednesday, March 17th, 2010