Wall Street to Main Street: News, Views and Commentary: May 11, 2006
February 3rd, 2010 No Comments »
Author: Louis Victor
It’s Thursday May 11, 2006,, Make cash fast
, and as the street anticipated the Fed has raised the benchmark interest rate to 5% but the question that looms is what is going to happen in June. Though the Fed has hinted at a slow down aka a pause in interest rate hikes, we will not get a better idea until June. Chances are that the Fed has flipped the autopilot button off and will take that pause for a spell.