The Drowsy Chaperone (Don Ward)
Updated: 05/20/2013 - Two weekends left to catch one great show!
The Federal Reserve has decided to cut its benchmark interest rate by a-quarter of one percent. The move means that the Fed funds rate goes down to one percent, its lowest level since 1958.
Financial markets were divided whether the central bank would reduce by a-quarter or a more aggressive one-half of one percent.
The vote was eleven-to-one with Fed member Robert Parry dissenting.
He favored the larger reduction.
In its statement, the Fed says the economy has yet to show ustainable growth. It also notes that the liklihood of a ``fall in inflation,'' however minor, is greater than a pickup in pricing pressure.
The next meeting of the Federal Open Market Committee is scheduled for August 12th.
Updated: 05/20/2013 - Two weekends left to catch one great show!
Updated: 05/14/2013 - I'm still focused on meeting my goal of doing a pull-up. And I'm almost there! But I'm always getting this question:
Updated: 04/17/2013 - Crossing the finish line is such an awesome moment. It's hard to imagine what it has been like for the runners in Boston.
Updated: 04/09/2013 - Admittedly, there are days that I just don’t feel like working out. But then I met Viola. And if she can make working out a priority at 99, then none of us have any excuses! Here's how she's living a FIT LIFE:
Updated: 04/05/2013 - A look back at that amazing Rockies home opener, 20 years ago! Were you there?
