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Real Estate & Property Law

: Housing Wire

Fed Funds Rate Headed to Zero, JPMorgan Says

By KELLY CURRAN

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JP Morgan Chase & Co. (JPM: 22.72 -2.82%) economists weighed in late Wednesday on the federal funds rate, predicting a two half-point cut by the end of January, bringing the federal funds rate to zero percent by early next year — a zero percent rate policy (or ZIRP) the JPM economists expect to hold fast [...]

Full post as published by Housing Wire on November 21, 2008 (boomark / email).

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