Will the Fed raise rates tomorrow?

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Will the Fed raise rates tomorrow?

2006-08-07 12:50:54 · 3 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance

Well we will know by 2:15 EST - it will be interesting to see. I

2006-08-08 03:28:35 · update #1

3 answers

No. The oil pipeline shutdown seals the deal. But hey, you'll be paying $3.20 a gallon by this time next week.

2006-08-07 12:58:12 · answer #1 · answered by daspook19 4 · 0⤊ 0⤋

Yes and no. One article says that we may have a recession if we do not stop raising rates. Another article suggests that the reason we had so much inflation in the late 70's and early 80's is because the Fed stopped raising the rates too soon..

2006-08-07 19:59:22 · answer #2 · answered by dgeisler91765 2 · 0⤊ 0⤋

2006-08-07 20:52:13 · answer #3 · answered by John H 4 · 0⤊ 0⤋