What Lies Ahead for the Economy in 2009?

What Lies Ahead for the Economy in 2009? The Federal Reserve, trying to jump-start lending, dropped its federal funds rate to 1.5 percent. Even so, most experts don’t see economic recovery until there’s stability in the housing market, banks are lending freely and employment improves.

Have we seen the worst of this crisis yet? Is tightening our belts enough? Let’s all pray that we have seen the worst of this crisis so far!

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