Interest Rates

August 24, 2012 14:24 by David Patterson in   //  Tags:   //   Comments (0)

Interest rates over the last month have been impacted by the ongoing European financial crisis and speculation on the Fed's next moves. There appears to be a growing anticipation of the Fed announcing Quantitative Easing 3 ("QE3") this fall or early winter.  There is still debate on QE3, and how much easing might occur.  Another possibility is being circulated; the Fed may keep interest rates low beyond its current pledge of late 2014.



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