Prime Rate

also known as the Fed, National or United States Prime Rate,
from the interest-rate specialists at www.FedPrimeRate.comSM

Thursday, January 26, 2006

A Strong Durable Goods Orders Report Increases The Likelihood That The Fed Will Raises Rates In March

Most economists are predicting that The Fed will raise their Fed Funds Target Rate when the FOMC meets next week, but there is still some uncertainty about what The FOMC will do when they meet at the end of March.

According to today's Durable Goods Orders (DGO) report (released by The Commerce Department) for December, 2005, DGO increased by 1.3%, an increase that may convince The Fed that the economy needs some cooling-off, which may translate to another 25 basis point increase to The Fed Funds Rate on March 28, 2006.

>  SITEMAP  <

Links to this post:

Create a Link

<< Home





FedPrimeRate.com
Entire Website © 2017 FedPrimeRate.comSM


Information in this website is provided for educational purposes only. The owners of this website
make no warranties with respect to any and all content contained within this website. Consult a
financial professional before making important decisions related to any investment or loan
product, including, but not limited to, business loans, personal loans, education loans, first
or second mortgages, credit cards, car loans or any type of insurance.