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Title: Fed and Interest Rates
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Miscellaneous |
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January 17, 2005 |
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5 / 1147 |
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However, when inflation is increasing too quickly and the economy is gaining strength, the Fed will attempt to raise rates, as it did late last March. This can be considered a sign that we are pulling out of the recession, or atleast it seems the Fed feels the recession of the early nineties is ending... Showed first 250 characters
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The Dow took huge dips, falling as much as 50 points a day. Although no one knows exactly what influences the market, the increase in interest rates played a major role in this craziness. Mr. Pettit's column on March 25th highlights, "Industrials Slide 48... Showed next 250 characters
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