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LendingTree Forecast: Chief Economist Predicts a Rate Pause
Posted By beth On June 24, 2007 @ 7:55 AM In Finance and Economy,Finance, Economy & Government Issues | Comments Disabled
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“The Fed is stuck in neutral and will likely keep the Fed Funds target at 5.25% at their next meeting,” says Svinth. “The two driving variables right now are the domestic housing market and global inflation risk. The FOMC will continue to watch both of these indicators closely to see which one tips the scale before a rate change is made.”
The Federal Reserve pause campaign has lasted nearly one year dating back to
For more information, visit http://www.lendingtree.com [1].
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[1] http://www.lendingtree.com: http://www.lendingtree.com/
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