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IPFS News Link • Federal Reserve

Dollar falls as Fed slashes rates

12-17-2008 • BBC

The dollar has fallen sharply against other currencies after the US Federal Reserve slashed its key interest rate to an all-time low.

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Reported By Ernest Hancock

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2 Comments in Response to Dollar falls as Fed slashes rates

Comment by Fascist Nation

Entered on: 12/17/2008 8:35:46 AM

And silver has risen one dollar in the past 14 hours. Oh, I feel so confident in that zero percent interest rate. I think I will go down to the bank and see if I can get a loan for -2%. I think they should pay me interest for taking out a loan, don't you?

Comment by Fascist Nation

Entered on: 12/17/2008 8:29:49 AM

And GOLD rises.

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