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Poll: What will Fed do next?

August 5th, 2008, 5:00 pm · 7 Comments · posted by Diana McCabe

blog-qmark.pngThe Federal Reserve left rates unchanged at 2% at its latest meeting even as the U.S. economy continues to stall, the housing market is at a crawl and consumer prices are up. What’s  the Fed’s next move?

What do you think the Fed will do next?
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Posted in: Fed Follies • Polls • Top tale
 
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 7 Comments

  • Republicans are TRAITORS says:
    August 5, 2008 at 9 pm

    What will the Fed do?

    Ummm. Inflate.

  • Active Buyer says:
    August 5, 2008 at 10 pm

    Bill - where in the OC is LA?

  • Marcia says:
    August 5, 2008 at 11 pm

    A Buyer-

    I agree. There is no “OC” in LA County, which the article sites.

  • The Money Pit says:
    August 5, 2008 at 11 pm

    The Fed will keep interest rates well into negative territory, keep buying gold folks.

    Those option ARMs are next. And man is it going to be ugly. So many people out there have no idea when their option ARM resets or what it will reset to.

    They were just paying the minimum on an asset that “always goes up.”

    Yikes. Honestly, we could lose 85% in OC.

    I’ll be the first to say it. 85%.

  • Bill says:
    August 6, 2008 at 12 pm

    That was a separate article.
    The pre-foreclosure information was gathered from other sources.
    .