March 20, 2007

BEN, WE HARDLY KNEW YE:

Top forecaster sees year without rate increases (Barbara Hagenbaugh and Barbara Hansen, 3/20/07, USA TODAY)

Richard DeKaser predicts that the Federal Reserve will keep interest rates unchanged all year. [...]

Last year he was the most accurate forecaster on USA TODAY's panel of prominent economists. He ranked first out of 41 economists who filled out the survey every quarter.

The economy is in fairly good shape, DeKaser notes, arguing that the USA is "well into a soft landing, Goldilocks scenario" -- not too hot, not too cold.


It would be a tragedy if Chairmen Bernanke's legacy is usurious rates.

Posted by Orrin Judd at March 20, 2007 6:09 AM
Comments

Can anyone recommend good sites to frequent that track the issue of whether rates will be nudged downward?

Posted by: Qiao Yang at March 20, 2007 10:48 AM
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