Federal Reserve Meeting to Determine Prime Rate
The bid news was the Federal Reserve meeting The FOMC met again this month to decide whether to raise the prime rate. It looked to some like they might, but in the end more weak data gave them justification to put it off. Almost all experts expect them to raise the...
Good Rates This Week
All eyes were on the Fed this week. The Fed decided not to raise the prime lending rate and the markets loved it, giving interest rates a break. The upward movement of last week was broken. We started the week with the Feb retail sales down .1% but then Jan. sales...