Will The Fed Raise Interest Rates?

by Heather

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That’s the question that many people are asking before the bell rings for Wall Street opening tomorrow.

The last couple of weeks have been a rollercoaster ride for anxious investors, with record highs and equally as impressive downturns in the stock market. The Fed has held interest rates steady at 5.25% since last summer.

If the rates are raised it will make it more difficult to obtain mortgages and corporate credit, as well as making it more expensive for the people or entities seeking to obtain it.

This coupled with credit uncertainties about subprime lending companies involved in mortgage loans and credit cards should make things interesting on ‘The Street’ come the ‘morn.

What say you? Are you feeling bearish or bullish on the Fed’s decision?

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