When Will The Fed Finally Raise Rates?

Reader Comments
Back to blog

When the economy was booming and the companies were paying headhunters to hire people in high demand, and paid big bonuses to get them on board the interest rates were in a steady climb the economy could stand interest rate increases by the Fed. Those days are gone and people, who are fortunate enough to have a good job, are under pressure to work for less, take on more work and see losses in their healthcare, 401k contributions IF they got them before, are terrified there will be another DOWNSIZING and their job has been illiminated. In this environment a big push to take on a huge mortgage is not likely. The bankers not included, the rest of us are not entertaining any big increases in income to plop down to use for big loans.

Lee Hansen of MI 9:34PM May 04, 2010

Thank you usa troops.Info on this year. Well designed shoes cost 100 -dollars. Good material made guitar over 300 -dollars. House deck 150 dollars.Long queen size bed -400 dollars. safe 130 dollars.new cpu-300 dollars. Colleges near so jobless maybe for a while. Dress shoes 50 dollars.Dryer fuse and sub box-30 dollars Dress shirts for one week-100 dollars. Lawn mowing equipment- 275 dollars.Gym -maybe 35 dollars a month. I think there is a large load.I am not yelling. Metering system work pretty well and caring solutions. Also thank you to tuckers sporting goods in mt.vernon,in for giving me a deal on fishiing tackle. Thank you.Well be careful. Say no to gangs. Psa99:9-outside pray.rom 12:2kjv. rom 3:23 and forgiveness. Say no to evil.Blame evil. Babys are a blessing. A new cell, genetics, a new Person!Amen!!

andrew of IN 8:08PM April 29, 2010