The Federal Reserve Board has lowered the discount rate, the interest on loans the Fed makes to commercial banks. In theory, lowering it should set off a ripple of lower interest rates to consumers and stimulate the economy.
Do you think the Fed's move will boost the economy? If banks lower their consumer loan rates, would you feel encouraged to spend more?
To register your opinion, call SUNDIAL at 783-1800 (or 268-7736 in Anne Arundel County). After you hear the greeting, you'll be asked to punch in a four-digit code on your Touch-Tone phone. The code is 4600. The results will be published tomorrow.