Rates Jump On Fed Inflation Warning
4 March 2008
Dallas Federal Reserve President Richard Fischer in comments today warned that inflation may still be a problem even if economic growth continues to be weak. As a result rates increased today, you should expect rates 25 basis points higher today. There were no scheduled economic reports today.
Tomorrow on deck is the Q4 Productivity Index, January Factory Orders and the Fed Beige Book. These reports will give updates on the health of worker productivity, the manufacturing sector and regional economies within the US.
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