A ‘Pause’ Ahead for Rate Cuts as Inflation Looms
Apr 19th, 2008 | By Contrarian Profits | Category: Featured, Financial NewsFrom Bloomberg:
Federal Reserve policy makers, sensing both renewed inflation dangers and a possible economic boost from government rebate checks, may be nearing a pause in interest-rate cuts after the fastest reductions in two decades.In remarks this week, Fed Governor Kevin Warsh, San Francisco Fed President Janet Yellen and three other district- bank presidents voiced concerns about rising prices.