Thursday, Jun 29, 2006

Fed widely predicted to raise base rate to 5.25% this evening

BBC News: US Fed seen hiking rates to 5.25%

The US Federal Reserve is widely expected to raise its key interest rate by a quarter of a percentage point on Thursday as it looks to slow inflation. A majority of analysts said they saw the Fed's Open Market Committee raising its key interest rate for a 17th time in a row to a five-year high of 5.25%.

Posted by webmaster @ 11:28 AM (541 views)
Add Comment
Report Article


1. inbreda said...

Why doesn't the fed take a leaf out of the BoEs book and just remove anyhting of any relevance from the basket used to calculate inflation?

Thursday, June 29, 2006 03:52PM Report Comment

2. Retiredbanker said...


If the American property blogs are to be believed, the Fed does.

Thursday, June 29, 2006 05:56PM Report Comment

Add comment

  • If you do not have an admin password leave the password field blank.
  • If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user's views and not the views of
  • Please adhere to the Guidelines
Admin Password
Email Address

Main Blog | Archive | Add Article | Blog Policies