Tidewater Real Estate Blog

When Will the Fed Raise Interest Rates?
The Federal Reserve is expected to offer clues at its meeting this week that will signal to investors and others how long the Fed will keep interest rates at record lows.

Some members of the Fed like Kansas City President Thomas Hoenig have been lobbying for an increase for several months, but Fed Chair Ben Bernanke has been holding fast to the decision announced earlier to year to keep rates “exceptionally low” for an “extended period.”

Posted by Brad Nichols on March 18th, 2010 1:45 PMPost a Comment (0)

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