Ken Cyree & Mike Barker on the Fed Meeting Today – Part 3 (11:35)
September 18, 2007—Dr. Ken Cyree, Professor at the University of Mississippi and a faculty member at the Graduate School of Banking at LSU along with Mike Barker Investment and Retirement Management in the final part of a three-part discuss the Federal Reserve and the effects the negative jobs report might have on the Fed’s decision today, whether the Fed is to blame for the current credit crisis by keeping rates too low, too long, the role increasing oil prices and inflation may play in the Fed’s decision today, the role market expectations play in Fed decisions, the Fed’s real stance on inflation and the mechanics of how decisions are made by the Federal Open Market Committee.