sorry my friend this has nothing to do with rates anymore. go ask japan what zero rates did for them for 15 years
there is no bottom yet, the economy is going to slow down dramatically over the next 12-18 months..... foreclosures havent peaked arms still resetting consumer spending slowing down GDP going to drop below 1% going to see unemployment rates move higher, should see 5.5% by mid 2008 and 6%+ by end of 2009. DOW 11k is coming....
they raised them from 0% to 0.25% in 2006, kept them at 0% for nearly 6 years before they raised them.....