Arnold Williams (notebuyer) wrote,
Arnold Williams
notebuyer

The Fed: Interest rates, Mortgages, & Whither

For those who worry that the Fed will continue to raise interest rates more and more and more and more ... in their most recent statement, note that they said there may be a pause in raising the discount rate. In reality, they are rather close to where Alan Greenspan would have put the rate.

I'd bet on one further increase: 17 points is more than half of 25, their minimum raise.

Now, whether that is a good thing is open to question. I'd suggest that it's a bit tight. Some people think otherwise.
Tags: economics
Subscribe

  • Christmas Shopping

    Instead of hearing every possible musical styling for "christmas songs" (still a remarkably short list), I think I'm going to sit back, stare at the…

  • The latest Discovery

    Breathlessly reporting: The Nail as a way to fasten things together!! Ok, it's not that funny. Check out the video.

  • How to Drastically Reduce Pollution Cheaply

    Use photocatalysts. In large cities such as Milan, with persistent pollution problems caused by car emissions, smoke from heating systems, and…

  • Post a new comment

    Error

    Anonymous comments are disabled in this journal

    default userpic

    Your reply will be screened

    Your IP address will be recorded 

  • 0 comments