KBND Logo

 

On Air Now

George Noorey
ON AIR NOW
George Noorey
9:00pm - 12:00am
Contact

Infinite Menus, Copyright 2006, OpenCube Inc. All Rights Reserved.
Local News


The Federal Reserve will go forward with plans to swap debt, to lower interest rates even more. It's a move to lower interest rates on everything from mortgages to business loans. News of the stimulus, caused the market to close down 283 points. Troy Reinhart with Northwest Quadrant Wealth Management offers his analysis of what happened: “The market got what they wanted. This is called a twist.   It’s not unexpected. But like my 13 year old daughter, it got what it wanted and that wasn't good enough and that's part of what went into it.”  Some Republican lawmakers sent Federal Chair Ben Bernanke a letter Tuesday warning about further steps to lower interest rates. They fear it could escalate the risk of inflation.

 

 

Share

 

Traffic & Weather

  • Brookswood Blvd CLOSED >< Pinebrook and Lodgepole Dr. (5/14 - 9/4)
  • Skyline Ranch Road CLOSED behind Summit High School (4/22 - 7/22)
  • Brosterhous Road CLOSED from Parrell Road to Brentwood Avenue (7/3)
  • Wall Street CLOSED between Arizona and Industrial Way (6/9 - 6/30)
  • Comet Lane CLOSED between NE Sierra and Cassin Drive (6/30)
 
LinkedUpRadio Envisionwise Web Services