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2006-08-02 07:11:05 · 9 answers · asked by Anonymous in Business & Finance Credit

9 answers

There's a chance they will, though in the last meeting they pretty much announced a pause. Yesterday it was announced that consumers are still spending money, that income is up and that construction is up at the corporate level, though inflation is up too. The Feds said they will base their decision on the data they would be gathering and if that is the case then they could rise rates again. If you believe there are experts on this subject then visit bankrate.com where there's a page dedicated to the Fed's rates. I didn't base my answer on this page but it is always good to have other opinions so you can make informed decisions for your investments.

2006-08-02 08:11:25 · answer #1 · answered by GDL 2 · 0 0

There is no announcement of it, for an official way to say but because the fed has raised interest rates more in the past two years than they had in over three decades, I think yes is a safe guess- but only that, a guess.

2006-08-02 14:41:57 · answer #2 · answered by ShouldBeWorking 6 · 0 0

the feds will always be raising interest rates...if the question is "will they do it anytime soon" I don't think so...I think it will rest as is for a while.

2006-08-02 14:15:02 · answer #3 · answered by sophieb 7 · 0 0

i dont know about fed, but you already have to pay more for better service, and when new technology comes out, it will b cheaper... well thats the way its supposed to work n e ways.

2006-08-02 14:14:54 · answer #4 · answered by darpdarp 2 · 0 0

http://www.federalreserve.gov/releases/h15/data/Monthly/H15_TCMNOM_Y10.txt

Heres a good outlook and trend arises. Ben Bernake is to push this up another .25 on August 8th.

2006-08-02 14:29:59 · answer #5 · answered by Openthathouse.com 4 · 0 0

Yes next month.

2006-08-02 14:13:55 · answer #6 · answered by Shadow 4 · 0 0

yes

2006-08-02 14:13:54 · answer #7 · answered by Yenny V 2 · 0 0

YES

2006-08-02 14:14:47 · answer #8 · answered by mykidsRmylife 4 · 0 0

don't they always?

2006-08-02 14:14:17 · answer #9 · answered by Anonymous · 0 0

fedest.com, questions and answers