The banking meltdown may have done the Fed's work for it
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The Federal Reserve Headquarters are pictured on March 21, in Washington, DC.
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Federal Reserve officials have a difficult path ahead of them. They still have work to do to…
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...FLOOD WATCH REMAINS IN EFFECT THROUGH THIS EVENING... * WHAT...Flash flooding caused by excessive rainfall continues to be possible. * WHERE...Areas of southern Illinois along and south of Highway 13 and all of western Kentucky. * WHEN...Through this evening. * IMPACTS...Excessive runoff may result in flooding of rivers, creeks, streams, and other low-lying and flood-prone locations. Creeks and streams may rise out of their banks. Flooding may occur in poor drainage and urban areas. * ADDITIONAL DETAILS... - Scattered to numerous thunderstorms will develop across southern Illinois and western Kentucky. Areas that see thunderstorms could receive 1.5 to 3.0 inches of rain in just one or two hours, with locally higher amounts up to 4 inches possible. PRECAUTIONARY/PREPAREDNESS ACTIONS... You should monitor later forecasts and be prepared to take action should Flash Flood Warnings be issued. &&
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