(Reuters) - Sturdy wage gains, and elevated oil and food prices have left little room for the Fed to consider paring interest rates soon, even though a weak housing market, exacerbated by subprime mortgage problems, has raised uncertainties about the economy, analysts said.
But even as the Federal Reserve policy-makers have shifted to a more neutral stance they have not seen inflation ease into their comfort range of 1.0 percent to 2.0 percent.
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