Fed Reserve signals another Rate Roller Coaster

[Mike Kennedy]

When will these fools ...........ever learn........... you cut the rate - LEAVE IT ALONE ........for 3 years......give the markets time to SETTLE......




http://news.yahoo.com/s/nm/20080529/bs_nm/usa_fed_dc


The remarks solidified expectations that the Federal Open Market Committee has ended an aggressive rate-cutting campaign and could start to reverse its policy course late this year.


http://www.bloomberg.com/apps/news?pid=20601039&refer=columnist_berry&sid=a8tlD_d40Q5k

 

[Dee Dee]

The remarks solidified expectations that the Federal Open Market Committee has ended an aggressive rate-cutting campaign and could start to reverse its policy course late this year.

Is everyone prepared to do a repeat of the Carter Era? :new_all_coholic:

 

[Riick]

Bloomberg article had me chuckling at the chuckle-head:
"The sheer size of the declines in most housing indicators suggests they can't keep falling at such rates."
However the sheer size of earlier price increases did not suggest increases could not be maintained.
Der Spinmeister at work.

As far as high interest rates, they're already cooked in, along with high inflation.
The Pollyanna years are dead and gone, make way for Volker's clone - PLEASE!

?? Or, maybe some people would rather see their savings & CD rates continue
at 2-3%, while inflation eats up the value of their dollars at 10-12% rate??