FOMC's Announcement: "...some further policy firming may yet be needed to address inflation .... such firming will depend importantly on the evolution of the economic outlook...."
This statement is more or less the same to the previous one (dated 28-3-2006). The main different is the word "YET". That means FOMC may or may not increase the interest rate in the near future. FOMC's approach is that they will not try to forecast the economic future BUT react on what they really see. In other word, whether the rate will further be increased is uncertain.
However, in the consideration of the price increase in the commodities market, and increasing interest rate is the only workable weapon FOMC can use, I think the rate will go up further.
ccfstella
發表於： 2006/05/11 07:46pm
do you think US will keep increase the Interest Rate to ...
