All Commentary
Wednesday, December 15, 2010

Climbing Interest Rates Undercut Fed Policy

“Interest rates are marching upward, making it more expensive to take out a mortgage or get a loan to expand a business, and diluting efforts by Congress and the Federal Reserve to strengthen the economy.” (Washington Post)

Inflationary expectations?

FEE Timely Classic
“Interest Rates and the Business Cycle” by Glen Tenney