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Economy Faces New Threats - Effects On Future Rates?

Friday, February 25, 2011 - 6:47 AM
In addition to oil prices spiking, this CNNMoney.com article reviews other potential dangers for the economy:
Economists are also worried about the push to cut government spending, the end of stimulus from the Federal Reserve and the bull market in stocks running its course.

Anything that pushes the economy towards recession will probably encourage the Fed to maintain its zero-interest-rate monetary policy. As Thomas Hoenig warned, it's not going to get any easier for the Fed to change course.
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Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
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