Thread: Federal Fund Rate
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Old 10-31-2008, 01:30 AM
TMAllison TMAllison is offline
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Join Date: Feb 2004
Location: Walnut Creek, CA & 1,150 miles S of Key West
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I believe Greenspan was asked during the last recession what would be done if the Fed Funds rate reached zero and more stimulus was needed. The response was that the fed and treasury could then pump "liquidity" into the market place.
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