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1). When Will Ben Bernanke Blink? Is the Federal Reserve’s Rate Raising Fight Against Inflation Going Too Far? By : Sydney Jackson
There is a lot of speculation and debate among economists about whether the Federal Reserve will raise the Fed’s short term interest rate to 5% in their meeting on Wednesday. If they do, it will make 16 straight jumps of .25%, since it reached it’s low point of 1%. Most people seem to feel that statements by Fed Chairman Ben Bernanke have sent mixed signals about whether or not this meeting will be the time for a pause.
Article Related to: ben nernanke, federal reserve, mortgage rates, florida mortgage, mortgage broker, prime rate, arm, fixed rate mortgage, adjustable rate mortgage
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