Fed and Interest rates
The Fed and Interest Rates
Dave Pettit of The Wall Street Journal writes a daily column that appears inside the
first page of the journal's Money & Investment section. If the headlines of Mr.
Pettit's daily column are any accurate record of economic concerns and current
issues in the business world, the late weeks of March and the early weeks of April
in 1994 were intensely concerned with interest rates. To quote, "Industrials Edge
Up 4.32 Points Amid …
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…do and not do to maintain this so
called policy. It argues the motives and reasons for wanting a lower interest rate and
compares past decades to today's standings. Overall it focuses deeply on the need
to check inflation and if it is valid. It shows that the Fed tends to take a more
conservative approach to the economy than some analysts would prefer, but that the
Fed will probably continue to raise interest rates.
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