Questions and Answers with Greg Womack
Interest rate cuts don't address all economic ills
Q : With today's quarter-point cut in the target rate, has the Fed about run out of bullets?
A : I think they probably have. Lowering rates in and of itself is not going to cure the financial crisis and real estate price crisis. The more they continue lowering rates, the worse it's going to hurt the dollar , which is causing higher food prices, commodity prices, energy prices. I believe they're probably going to...
You have selected to view an article that is older than 60 days. There are several ways to unlock access to NewsOK historical content.
Please sign in. (You might already have access)
If you are a print subscriber to The Oklahoman, activate your Digital Pass for free access.
Purchase any of The Oklahoman's digital products (digital replica, archives, iPad and smartphone apps), and access to historical NewsOK content is free.
Please sign in. (You might already have access)
If you are a print subscriber to The Oklahoman, activate your Digital Pass for free access.
Purchase any of The Oklahoman's digital products (digital replica, archives, iPad and smartphone apps), and access to historical NewsOK content is free.
