econ feb 26 - Interest Rates 1 Interest Rates to be lowered...

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Interest Rates 1 Interest Rates to be lowered by Fed again Anna Veldman Econ 210-05 February 27, 2008
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Interest Rates 2 As the fears of a recession remain, the Fed is considering lower interest rates, yet again. This is also during a time when oil prices continue to rise, and inflation is becoming more and more of a problem. The housing and credit crisis are leading to many problems in our economy and the Fed is attempting to keep our unsteady market “afloat.” Some changes from this summer are that the housing market has continued to worsen, the job market is not doing well and there are also growing problems with credit. Businesses and individuals have been more cautious recently with investments and spending because of the negative view on the current state of the economy. The withdrawals from investing and spending have led to the economy becoming even weaker. The problem of stagflation is also a possibility in the near future for the first time since the 1970’s, especially in light of our rising inflation. The hope is that energy companies do not
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econ feb 26 - Interest Rates 1 Interest Rates to be lowered...

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