2007-06-09 05:50:35 · 4 answers · asked by Anonymous in Business & Finance ➔ Investing
I believe they will hold rates until the third quarter of this year and will adopt a more aggressive approach going into the fourth quarter. Simply because of the housing sector stabilising and the weak dollar will aid in the economic growth of the country. A weak dollar will also encourage inflationary pressures.
2007-06-09 08:00:01 · answer #1 · answered by yeohbiz 2 · 0⤊ 0⤋
They will keep rates where they are now, and the next move will be a cut but not until the fourth quarter of this year or the first quarter of 2008.
2007-06-10 02:21:03 · answer #2 · answered by BangkokBob 4 · 0⤊ 0⤋
Someone once asked J.P. Morgan what he thinks the market would do. J.P. Morgan said, "It will fluctuate."
2007-06-09 06:16:47 · answer #3 · answered by NC 7 · 0⤊ 0⤋
If I had a crystal ball I could tell you.
2007-06-09 05:55:04 · answer #4 · answered by Angie 6 · 0⤊ 0⤋