View Single Post
  #10  
Old 09-10-2007, 06:37 PM
AvivaSimplex AvivaSimplex is offline
Senior Member
 
Join Date: Jul 2005
Posts: 1,373
Default Re: I think the federal rates are going to go up.

No... the goal of the Fed is not to make profits on their lending, it's to guide the economy between recession and inflation by adjusting short term rates appropriately.

I will bet you any amount of money at 100:1 that the Fed does not raise rates at their next meeting.
Reply With Quote