ING's Viewpoint on the Fed's Recent Actions

The Federal Reserve's decision to slash the Fed Funds Rate by 0.75% earlier this week serves to highlight the central bank's and Bush Administration's case that both will act decisively to steady a wobbling economy. The cut comes in the wake of the demise of the country's fifth largest investment bank, Bear Stearns.

Please click on this link for insights from ING Investment Management strategists and fixed-income portfolio teams on the recent Fed actions and market events.