Only a 1/4 point this time...

[Damocles]

http://www.reuters.com/article/topN...?feedType=RSS&feedName=topNews&rpc=22&sp=true

WASHINGTON (Reuters) - The Federal Reserve cut the benchmark federal funds rate by a quarter-percentage point to 4.5 percent on Wednesday to buffer the economy against a housing downturn and tighter credit conditions.

more at link...

 

[Robdawg]

enter chap and top to talk about the market correction or how the markets taking off....