Investors and analysts believe the Federal Reserve is again about to cut interest rates for fear that the economy is falling deeper into recession. If they make a cut it would more than likely mean that the rates would come down to 1%, a level that hasn't been reached since 2004. Most economists now believe we are operating in an actual recession since consumer spending will shrink for the first time in 17 years.
What's even more worrisome is the fact that the critical holiday retail spending quarter is coming up, and many economists are seriously worried that it will be very low resulting in very small sales compared to other years.
LeaseTrader.com continues to help people as the holiday spending season approaches since they want to cut their bills by transferring their car lease over to someone else. LeaseTrader.com is also an excellent way to shop for a car by taking over someone else's lease.
This story posted by LeaseTrader.com, the automotive service company that lets people transfer out of their Car Leases early. If you're looking to swap a lease or transfer out of your car lease, please visit www.leasetrader.com