Saturday, April 19, 2008

Interest Rates - The Two Faces of Dr Jekyl and Mr Hyde


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2 comments:

Banker said...

I think U.S. Rates have hit a temporary bottom. Fed officials (to me at least) seem to be bracing the market for no change at the April 30 meeting. Inflation, with crude at 119, is clearly a concern.


Banker

Deborah said...

A very good thing is that lending has not happened at low rates. Basically the even though the fed reduced rates the borrowing rate has not declined for consumers. Lending new money at new lower rates would increase the disaster.