vitaliy katsenelson: Whither interest rates?
- 06/28/07 02:26 AM
We've seen interest rates rising globally in response to two factors -- increased energy costs and economic growth. Domestically, inflation is being measured as within the margin that we'd like to see, although some economists judge that our key benchmark (the "core" CPI) understates inflation. Typically, monetary policy is to raise interest rates to cool inflation.The growth in our economy seems to be healthy, though other economic indicators (new home sales, for example) continue to show that Americans aren't convinced that we should be optimistic.The foreclosure activity with which Colorado led the country for 9 out of the 12 months of … (0 comments)
We've seen interest rates rising globally in response to two factors -- increased energy costs and economic growth. Domestically, inflation is being measured as within the margin that we'd like to see, although some economists judge that our key benchmark (the "core" CPI) understates inflation. Typically, monetary policy is to raise interest rates to cool inflation.The growth in our economy seems to be healthy, though other economic indicators (new home sales, for example) continue to show that Americans aren't convinced that we should be optimistic.The foreclosure activity with which Colorado led the country for 9 out of the 12 months of … (0 comments)
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