Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Back to Financial News

Fed up with the Fed? [CNNMoney]

Monday, January 18, 2010 - 7:28 AM
CNNMoney article has excerpts from Sheila Bair, FDIC Chairman, which describes the problems with low interest rates. But with low inflation and high unemployment, there's not much chance the Federal Reserve will hike rates anytime soon. One ecomomist quoted in the article doesn't see rate hikes until December.
1
Ken TuminKen Tumin5,441 posts since
Nov 29, 2009
Rep Points: 123,651
Reply