The Bernanke Fed's 50 bps rate cut suggests that the Fed's group of Quantitative and macroeconomic experts (MAQS) analysts who have actually been busily studying a series of what-if circumstances for the US economy over the previous few weeks should not have actually liked what they saw.
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So as the Fed Funds Rate increased drastically, banks slowed their borrowing from one another, which indicated that cash was not entering the economy as quickly.
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