The Fed and the Economy

I was just watching CNN to see what was going on in the world. And all of a sudden George W. Bush was on the screen giving a live speech.

Apparently he was at some economy club in NYC. And he was giving a speech on the economy.

There was not anything groundbreaking in the speech. Although he did say that the stimulus checks go in the mail the 2nd week of May.

And after the speech was over they were talking about the economy on CNN. And they said that the Fed meets next Tuesday. And it is expected that they will lower the interest rate again. Again!!!