Fed to raise the interest rates at the end of 2008 |
|
The dollar recovered against the euro and yen after the positive news for the world biggest economy. The traders predict that the situation of U.S. economy will allow to the Federal Reserve to raise the interest rates at the end of 2008. The high inflation caused by the high oil prices will stop the Fed with the interest rates cut. The forecast of George Marshal Forex analyzer in World-Signals.com is that Fed will raise the key benchmark interest rates with quarter percent in September,
Filed under: Fundamental
Latest Posts
- BoE and ECB: Will they Under or Over Deliver?
- Japan CAPEX highlights ongoing weakness in capital spending
- The US dollar traded stronger against a basket of currencies after the ECB
- Asia Session
- Asian Session: Asian Stocks rise on further commodity weakness – markets eye NFP’s today
- Update on global housing market
- Guidelines For a Market Bottom
- Usd/Chf update
- Daily FX Commentary
- Eur/Usd for today
- Greenback declines against the Yen as U.S payrolls fall
- Finding a Broker
- Forex - Dollar fell against Euro after ECB rate cut
- Euro Gains After “Meager” Rate Cut
- Daily Forex Overview
No Comments! Be The First!