What good are lower rates to the economy if few can take advantage? This is among the questions on policymakers' minds as the FOMC begins a 2-day meeting today, writes Jon Hilsenrath. While those with pristine credit are receiving a windfall in the form of cheap money, most - their credit damaged over past years - are unable to.
What good are lower rates to the economy if few can take advantage? This is among the questions...
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