Friday, October 19, 2007

Interest rates: the Fed Conundrum

18.10.07
The Fed has a real conundrum as we related earlier this week. On one hand there is a weakening economy that is getting pilloried by the credit crunch caused by the failing U.S. real estate market; on the other inflation, which is now 1.6% over the Fed target of 2%
http://www.howestreet.com/articles/index.php?article_id=4912

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