Archive for June 29th, 2006

Too hot, too cold or just right?

Too hot, too cold or just right?

| 29/06/2006 | 0 Comments
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The Federal Reserve raised U.S. interest rates for a 17th straight time on Thursday and said more rises may be needed to curb inflation. The financial markets have already almost fully priced in another interest rate hike in August.

The Fed’s benchmark rate sets the base for a range of U.S. interest rates, including mortgage rates. Are higher interest rates crimping your spending? Post your comments below.

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