Why the Fed Will Have to Raise Rates Later this Year
Submitted by Sam Cass (bestcashcow.com)
The Fed didn't raise rates today but it will have to before the end of the year. The EU will make sure of that.

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The Fed didn't raise rates today but it will have to before the end of the year. The EU will make sure of that.
The Federal Reserve is expected to keep the Federal Funds rate at 2% tomorrow but traders and banks have already anticipated a future rate increase.
Federal Reserve Chairman Ben Bernanke said Wednesday he does not believe the United States will experience the out-of-control prices seen with 1970s oil shocks. Bernanke’s remarks come just...
Stronger than expected GDP figures as well as continued inflation readings have led the market to believe that the Fed will begin raising rates in October. Based on the Federal Funds predictor...
This is a discussion on the future direction of the Federal Funds rate, using the Fed Funds Rate Predictor (produced by the Cleveland Fed as a starter.
The top business stories from the BestCashCow Website for the week ending on Friday, April 25, 2008.
Six months ago you could find a savings account or CD above 6%. Just a month ago you could find a rate above 5%. Soon, you'll be lucky to find a rate above 4%.
The Fed announced today to lower the federal funds rate by 50 basis points to 3 percent. The rate is now at par or even lower than inflation. Will this rejuvenate the economy, kindle inflation,...
Interest rates after inflation are almost 0. That means you can borrow money for free. It also means it's a terrible time to be holding money in cash accounts. It's value is being eroded by...
Markets like the Fed cuts and expect more. But lower interest rates could keep the dollar weak and ultimately threaten economic growth. Article discusses several potential scenarios of how far...
Citing weakening economic outlook, Federal Reserve makes biggest cut in nearly 24 years - three quarters of a point. This shows the Fed is totally disregarding inflation.
"It's better to take a small recession and kill inflation immediately instead of facing high inflation and a really big recession later," says Carnegie Mellon economist Allan Meltzer. "The...
Bernanke's going to cut rates further. The economy is weakening and he wants to avoid a recession. Good idea. But inflation is still on the rise. Tough situation - stagflation.
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BestCashCow provides rates and information on a wide range of financial products - savings accounts, CDs, credit cards, and more. - as well as financial information gathered from across the Web.
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Type
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Rate
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Institution
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4.01%
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Everbank
|
|
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2.57%
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Dreyfus
|
|
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~4.00- 12.00%
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Various brokerages
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|
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3.35%
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GMAC Bank
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|
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4.00%
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IndyMac
|
|
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4.25%
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IndyMac
|
|
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4.50%
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Wachovia Bank
|
|
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5.00%
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Wachovia Bank
|
|
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4.84%
|
US Treasury
|
|
|
4.00%
|
Federal Home Loan Bank (state and local tax exempt)
|
|
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3.32%
|
Northrop Grumman FCU
|
|
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3.90%
|
Alliant CU
|
|
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4.08%
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Self-Help CU
|
|
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4.44%
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Self-Help CU
|
|
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2.00%
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Various brokerages
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|
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2.28%
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Various brokerages
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|
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3.04%
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Various brokerages
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|
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3.68%
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Various brokerages
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|
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4.21%
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Various brokerages
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See more product and rate information