1 Articles match "Auctions","August","Resource"

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Fed Remains in Hibernation on Interest Rates
After 17 consecutive meetings of raising interest rates, and a switch over to new leadership under Ben Bernanke, the Federal Reserve went into hibernation last August and has remained there ever since. Although inflation pressures seem likely to moderate over time, the high level of resource utilization has the potential to sustain those pressures.” With rates remaining On Wednesday the watchdog of federal monetary policy did what many economists expected it to do and hit the snooze button yet again, deciding to keep the short term federal funds rate at its current level of 5.25
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Fed Remains in Hibernation on Interest Rates
    After 17 consecutive meetings of raising interest rates, and a switch over to new leadership under Ben Bernanke, the Federal Reserve went into hibernation last August and has remained there ever since. Although inflation pressures seem likely to moderate over time, the high level of resource utilization has the potential to sustain those pressures.” With rates remaining On Wednesday the watchdog of federal monetary policy did what many economists expected it to do and hit the snooze button yet again, deciding to keep the short term federal funds rate at its current level of 5.25
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE