Report on Articles of the Beige Book
Date Submitted: 09/10/2006 00:14:33
In the summary I noted that there was a lot of fluctuation in the Districts. I believe through information I have read in the summary that the Fed will probably maintain the current interest rate. If they were to raise the interest rates then the lower markets would fall even more and the higher markets would start to fall. If they leave the rates where they are at then I believe that the economy would
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raise prices to control the demand and supply for the goods.
The best recommendation I could give would be build this year to protect the company from spending more money on financing. You have read my reasons for my recommendation and I have researched this thoroughly. In this report I have given all of the reasons for the interest rate to rise and the Fed agrees that if not controlled it will become a problem.
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