« Previous—Next »

Rates Down; Fed Could Cut Rates Again

Rates improved today on concerns that the economy is in a recession, and a Goldman Sachs report that predicted another rate cut by the Fed.  Rates should improve by at least .25 to the points.

There were no economic reports due out today, the focus this week will be on the health of the economy as reported by January’s Goods and Services Trade Balance report tomorrow (which measures the trade deficit), and more importantly on the February Retail Sales data due to be reported Thursday.

Comments are closed.