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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: kumar who wrote (120402)6/16/2005 9:43:47 AM
From: Ilaine  Respond to of 793957
 
He means the Federal Reserve is raising the interest rates it controls, the interest rates it charges on loans within the Federal Reserve system, but that's not having much effect on other interest rates, the ones that are set by the free markets.

Long term interest rates are not going up. Yield curve is flat.