U.S. Economy!
Wall Street finished some what mixed on Tuesday, because most of us traded very little. All this because of the Federal Reserve’s Wednesday decision on the interest rates. The Fed, facing a bad economy with the chance of inflation, is expected to bring down the interest rates, by how much is anyone’s quess. This will most likely be done after their done with sitting around meetings are finshed on Wednesday. Many of us ( investors) believe our sinceless policy makers will then be telling us that they’re planning to hold rates for a while. We’ve all been worried about inflation, because it means gas and food bills are harder for us to pay for. Hopefully Wall Street is also feeling the same, because inflation tends to have us stop spending our money, which we all account for more than two-thirds of all spending.
