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Re: TheInvisibleHand ™ post# 3750

Friday, 06/20/2008 8:44:20 AM

Friday, June 20, 2008 8:44:20 AM

Post# of 6222
Just a quick comment IMHO. I don't see where the FED has any room to hike rates anytime soon. The credit crisis is only beginning and will get worse before it gets better. Hiking rates will only squeeze all concerned more and lengthen the recovery time. Circumstanses and his own rhetoric have painted Bernanke into a corner. He has few options at this point.

...........al

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