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1). Federal Reserve's Balancing Act Creates Unique Situattion By : Sydney Jackson
Tampa, Florida, February 21, 2006 - The Federal Reserve's consistent increasing of rates since June 2004, and recent statements by new Federal Reserve Chairman Ben Bernanke, have created a unique opportunity for consumers. During a Senate Banking Committee hearing on Thursday, Bernanke refused to say how high interest rates would need to climb in order to balance the economy, but economists predicted at least one more increase at the end of March, when he has his first meeting as Fed chief.
Article Related to: federal reserve, ben bernanke, florida mortgage rates, florida mortgage brokers, federal reserve chairman, interest rates
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