Market Update
June 23rd, 2008Rates are holding steady today with with no real economic news to report. The feds are meeting this week and are scheduled to make a decision on the Fed Funds Rate which is currently at 2%. It is anticipated that they will keep it at its current level after 7 consecutive drops. As long as they don’t beat the inflationary drum, rates should remain fairly stable.
Stay tuned!!!!
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