Saturday, Mar 22, 2008
About Turn
Dow Jones: Fed soon could raise rates as aggressively as it has cut them
Fed chairman Ben Bernanke is well aware of the risks involved with the Fed falling too behind the curve. That is why, Seiver believes, Bernanke is likely, once he starts to raise rates to counter the inflationary threat, he "will raise rates just as aggressively" as he has recently cut them.
Posted by yoyo1 @ 04:53 PM (496 views) Add Comment
3 Comments
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1. Landedgentry said...
GO raise, do it now!!
2. dohousescrashinthewoods said...
Hanky Panky Bernanke! Fiddling with interest rates and insider interests behind the scenes, and ceaselessly lying through his teeth.
3. harold said...
"will raise rates just as aggressively"
Hmm, not without triggering the mother of all depressions. The FED will only do this if and when they are confident that the US establishment (i.e., their puppets) can withstand and protect them from an insurrection.