The Fed And Interest Rates

The Fed And Interest Rates Dave Pettit of The Wall Street diary writes a daily column that appears inside the first rogue of the journals Money & Investment section. If the headlines of Mr. Pettits daily column ar any accurate record of economic concerns and current issues in the business world, the late weeks of March and the early weeks of April in 1994 were intensely concerned with interest rates. To quote, "Industrials Edge Up 4.32 Points Amid Caution on Interest Rates," and "Industrials Track On 13.53 Points Despite Interest-Rate Concerns." Why such(prenominal) a concern with interest rates?

A week before, in the last week of March, the Fed had pushed up the short-term rates. This existence the first increase in almost five-spot years, it caused sort of a stir. When the Fed decides the economy is growing at excessively quick a pace, or inflation is acquiring away of hand, it can take actions to slow spending and drop the currency supply. Thi...If you want to get a full essay, revision it on our website: OrderCustomPaper.com

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