Mortgage News
Fed backs Second round of Stimulus Package
| Shared by Caron on Tue Oct 21, 2008 4:42 am | |
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The Federal Reserve is thinking of offering a second round of stimulus package in order to uplift the economy. The Chairman of the Federal Reserve, Mr Bernanke feels that the stimulus provided by the monetary policy along with improvements in the housing and credit markets will help revive the economy. Source: http://www.thestar.com/Business/article/520827 |
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| Community Members Opinion | |
jerry
 Joined: 17 Oct 2005 Moderator Posts: 1778 Location: MICHIGAN 266.03 Dollars($) |
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Niicss
 Joined: 03 Oct 2005 Posts: 2620 Location: New Jersey 409.63 Dollars($) |
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I sincerely hope the Congress offers a significant stimulus package so that the housing, credit as well as financial crises that has affected the U.S. economy can be reduced.
