Page 1 of 1

[ Reuters: Top News] Ex-BOE official says Fed rate cuts went too far

Posted: Sat Aug 23, 2008 5:30 pm
by Pimpbot
NEW YORK (Reuters) - The Federal Reserve's decision to cut interest rates in response to the U.S. financial market crisis of the past year is a bad mistake that will lead to higher inflation, a former Bank of England official said on Saturday.




Link to article