Why Bernanke Faces Stiff Headwinds
Story date: 2008-02-26 03:55:00
Added on: 2008-02-29 16:00:59
BusinessWeek - ... two very important things are going in the wrong direction: inflation and long-term interest ... In addition, in the weeks since the Fed cut its target rate by 1.25 percentage points, 30-year fixed-mortgage rates for prime borrowers have risen 0.8 ...
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