Showing posts with label oil. Show all posts
Showing posts with label oil. Show all posts

Monday, July 02, 2007

Fed Rate to Stay the Same?

Some 20 economists recently surveyed by Securities Industry and Financial Markets Association, believe short-term rates will hold steady at 5.25% for the next seven quarters. Some of these same economists also believe oil is going to be at $50 a barrel next year. (currently $70 a barrel.)