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July 23, 2008

Fed Speak - What does it say?

Since the time of Alan Greenspan, the guessing game of what the Federal Reserve will do at any of its Federal Open Market meetings has been turned into a parlor game.

The next meeting is August 5th.

My take? They are staying pat on the Fed Funds Rate at 2 percent.

I decode the Fed Speak in my latest post for Medill Money Mavens.

This entry is tagged: Ben Bernanke, Federal Funds Rate, Federal Reserve, Henry Paulson

Posted by bmiraski at July 23, 2008 6:04 PM