FED GUARANTEES LOW INTEREST RATES FOR 2011, 2012, AND 2013
Posted by on Aug 9, 2011 in Interest Rates
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Breaking news on 8/9/11 – Today the Fed’s chairman Ben Bernanke came out with a highly unusual pledge to not raise interest rates for “at least” 2 years. That means that in all probability interest rates will not go up at least through 2013. In response to this news, the stock market shot up over [...]