Interest Rate Poll

[Nbadan]

Housing is sluggish, business is moderate, but getting ready for hard times... What will the Feds do tomarrow?


Tuesday, Dec. 12, 2006 at 11:15 AM Pacific Time, the Federal Open Market Committee will announce its latest rate decision.

My bet is that the FOMC will once again hold its short-term rates at 5.25% and that its statement will be close to a repeat of the last statement, reiterating concerns over inflation risks.

What say you? Up, Down or Hold

[Nbadan]

time to screw over the people with mortgages and college loans

I think the feds are gonna hold till after new year and reassess the inflation situation then, but rates can't hold forever. Expect more step increases in 07.

[smeagol]

Obvious.

Hold.

[xrayzebra]

I vote for hold also. I think they will stay on hold for awhile. No signs of
inflation anywhere, may be even a little deflation if energy cost every go down
or stabilize.

But I really wouldn't mind a little rate increase, see the old Money Market account
pay off a little more. But rate is pretty good right now.

[Nbadan]

The Federal Reserve kept a key interest rate unchanged at 5.25 percent for a fourth consecutive meeting

CNN (http://www.cnn.com/)

Ummmm.......ok.