The Federal Reserve (The Fed) cut interest rates by a half percentage point, lowering the interest rate to 1%. This will go along way towards enabling businesses like Apple, Starbucks, and Google be able to borrow money from banks like Bank of America, JP Morgan Chase, Citi, and Wells Fargo.
The economy continues to slow down, making it harder for businesses to keep in the black. Job losses continue to mount and people are slowing down on their spending. The Fed had no choice but to cut rates to try and keep the economy from collapse.
Helping people transfer their car lease, www.leasetrader.com continues to help people in this bad economy by giving them the option of escaping a car lease they can't afford.
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