Friday, March 18, 2005

What will the Fed do next week with rates?

Interest rates. In some ways low interest rates have helped float the economy the last couple of years. However, rising oil prices have some talking inflation and the possible need to raise rates faster. Still, most think the shock of high oil prices will force the Fed. to move more slowly and cautiously than previously expected.

Thus, mortgage rates will rise, but they will probably not rise much anytime soon.

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