"What's in YOUR wallet?" Fed. Reserve poised to raise interest AGAIN

Bluebear

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Mon Mar-21-05 05:43 PM
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"What's in YOUR wallet?" Fed. Reserve poised to raise interest AGAIN

And now that the credit companies have their bankruptcy laws passed courtesy of Biden and company, don't you dare consider that option if life's circumstances have you feeling strapped!

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WASHINGTON - Federal Reserve policy-makers, wanting to prevent a broader outbreak of inflation as oil prices surge, are likely to keep pushing short-term interest rates higher.

The Fed is poised to boost its key federal funds rate by one-quarter percentage point to 2.75 percent Tuesday. That would mark the seventh increase of that size since June 2004.

http://story.news.yahoo.com/news?tmpl=story&cid=509&ncid=749&e=3&u=/ap/20050321/ap_on_bi_ge/fed_interest_rates

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Tandalayo_Scheisskopf

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Mon Mar-21-05 05:44 PM
Response to Original message

1. Yep.

Them markets are gonna tank one day real soon.

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