>[I'd thought they might be stingy and go for a quarter, but they went
>for the full half. Now it gets interesting: what effect will this
>have, and what kind of noises will the Fed make in the coming weeks?]
>
><http://www.federalreserve.gov/newsevents/press/monetary/20070918a.htm>
>
>
>
I think they had to do it because when the shitstorm hits, nobody can
say that they didn't do enough.
And I don't think it will make much difference.
Joanna