Yeah, I noticed that. But then they went and lowered it another half percent shortly thereafter. This can't be good for the dollar. Wonder when all those creditor nations are going to decide to give up on us and put their money somewhere that will try to maintain its value. If/when that happens in a big way, we could be in for some rough sledding.
In the meantime, I guess they're just using the cheap dollar as a chance to buy up America at bargain prices. One good outcome of this is that if everybody owns a piece of us, there may be fewer people prepared to bomb us
Maybe we should be selling more of our Citibanks to the Saudis?