Market Watch-U.S

Posted by | December 12, 2006 | World | No Comments

Bernanke in his ‘hot seat’ seems to be in total control, well he ought to be, because every single word he utters would result in a severe change in the ‘market’ situation. As of now the Fed have taken the stand that their policy on the rates would continue and seeing that the inflation risk ‘remains’, the Fed seems to have no option but to increase their rates (this would be done only after the careful consideration of the economy and the market situation). The housing industry in the U.S has really ‘cooled’ off resulting in a slow growth of the economy. Well need to see how the investments are coming in this time to revive the economy, till then there is nothing to do but to wait and watch.

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