Further Fed Rate Cuts?

With the national economy teetering on the brink of recession (and some would say already within one, and handily), AND legitimate inflation fears surfacing with reports like this and this, the Federal Reserve faces some tough decisions ahead. Which potential enemy do they fight first: economic contraction or price inflation?

Cutting borrowing rates further certainly helps with problem number one, but could prove problematic for problem number two.

Local mortgage blogger Alex Stenback points us to the crucial questions and some interesting web content on the subject. Click here.