Wednesday, May 10, 2006

Fed Raises Rates

Well lets hope this is either the last one or nearly the last one. I think people will be watching each bit of economic info coming out like hawks. Any sign of too strong numbers and the market will slip the bit.

In announcing its decision, the Fed emphasized that future moves would be highly dependent on how the economic outlook unfolds and it scaled back the forward-looking guidance it had been giving financial markets.

Golf clap:

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