Fed Sees Soft Economic Landing, End to Rate Increases

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00024831-fed-sees-soft-economic-landing-end-to-rat/

By Tim Ahmann

U.S. Federal Reserve officials are set to raise interest rates later this month, but expect the economy to settle into a sustainable pace without borrowing costs going much higher, recent comments from policy-makers suggest.

While another quarter-point boost is seen as certain at the March 27-28 meeting of the rate-setting Federal Open Market Committee — the first to be led by new Fed Chairman Ben Bernanke — officials have made it clear they are less sure what the future will bring.

For this complete story, please visit Fed Sees Soft Economic Landing, End to Rate Increases.

Fed Sees Soft Economic Landing, End to Rate Increases

Unknown Author

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