Tuesday, March 28, 2006

The Rates They Keep a Risin'

The Fed raised rates another quarter of a percent today. Like anyone had any doubt. Congratulations to all you savers out there and better luck next fed meeting to all you borrowers.

Now the question is what will happen next time the Fed gets together. My bet is on more raises and I'd think there are going to be a few more, at least 3. Don't ask me why because I don't know, I just feel these things.

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