The Fed to stay pat and buy some time until they are certain this economic blip that they see is sustainable. I found it interesting that they conclude the outlook for growth has improved. Based on what? However, they mention upside risks to inflation have increased which signals they are done cutting. I see them staying pat for sometime while they wait to confirm the trend.
Submitted by Jim Slagle on Wed, 2008/06/25 - 3:08pm »
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