Give me a brief explanation about your answer please!
2007-03-22 09:27:24 · 3 answers · asked by Vincent 2 in Business & Finance ➔ Personal Finance
Yes I think that the Fed will most likely cut the rates at the next meeting because the economy seems to be slowing down. For example for the past few quarters housing starts have been down. As well other measures like GDP and so on have been increasing but at a much slower rate than a fast booming economy. All of these point to a slowing of the economy. I would suggest going to the websites below and checking out the historical trends... I hope that this helps... =)
2007-03-22 09:38:05 · answer #1 · answered by Pagli 2 · 0⤊ 0⤋
Heck no. Inflation is looming. The CPI would not benefit in the short-term, nor would mortgage rates help rebound the housing sector. I don't see a catalyst for success within the US economy with a rate cut at the next meeting.
2007-03-22 11:08:04 · answer #2 · answered by Ethan 3 · 0⤊ 1⤋
Who cares, ..don't invest for the short term..you cannot make money forcasting interest rates...next year in July the earth will explode from you leaving your kitchen light on when you went out. signed Al Gore
2007-03-22 09:34:27 · answer #3 · answered by gvh 3 · 0⤊ 2⤋