Sunday, March 18, 2007

FED: rethinking the rates?

Mortgages, real estate, twin deficits and "war on terror" budget, are damaging US economy.

Master Greenspan has warned, about a possible recession. Bernanke have dismissed the Greenspan thinking without clear evidence.

Now, the market is waiting for rate cuts: Options traders are starting to say the Federal Reserve may cut interest rates three times this year as the housing slump threatens the economy's growth.

We always believe in Market. After this, Bernanke will be in a turmoil: to tackle some inflation threat, or to put some gas on the economy.

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