Fed Leaves Rates Unchanged; Sees Greater Inflation Risk.

06/25/08 -  Federal Reserve holds key interest rate at 2%, leaving it unchanged for the first time since last summer and expresses mounting concern about inflation and inflation expectations. Officials offer no hint of an imminent rise in rates, meaning the likeliest scenario is an uneasy status quo for many months.

Wall Street Profit News Headlines

Trading The Market With Joe Six Pack's Tax Money Goldman Sachs (GS) releases their PR machine, following articles like How Goldman screwed its clients in the housing collapse and Matt Taibbi's great series The Great American bubble Machine.  More

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Flashback to Countrywide Financial 2007 with Today's Market Action. Not long ago, back in late 2007 I was short with a majority of my client base, a now notorious company by the name of Countrywide Financial at around $35/share.  More

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