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Between January and November of 2001, the FOMC reduced the target federal funds rate from 6½ to 1¾.A reason for this was that the FOMC:
Poisoned Feed
A harmful or toxic compound mixed with livestock feed that can damage or kill animals.
Strict Liability
Legal responsibility for damages or injury, regardless of the presence of fault or negligence.
Sailboards
Lightweight boards equipped with sails, used for the sport of windsurfing.
Sail-Away Corporation
A term referring to companies that are set up and operated to avoid taxes and regulations, typically by operating in a jurisdiction other than where they conduct business.
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