The Fed's Rates Dilemma

June 16, 2008, 12:00 am (http://www.washingtonpost.com/wp-dyn/content/linkset/2007/01/29/)

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Speculation that the Federal Reserve is about to begin inflation-fighting interest rate increases appears to be dead wrong. Fed Chairman Ben S. Bernanke is worried more about runaway oil prices contracting the global economy than inflating it through a wage-cost spiral. According to sources close to him, America's leading central banker has no plans for a raise.

 

Tags: fed, wrong, dead, appears, chairman

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