FOMC set the target rate 4.75%. So here is my question
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作者:Poseidon (等级:2 - 初出茅庐,发帖:71) 发表:2006-03-29 08:15:04  楼主  关注此帖
FOMC set the target rate 4.75%. So here is my question
anticipating that the rates will continue rising, wont this change have negative effects as the market will try borrowing more money now instead of in future, which is opposite the purpose of increasing rates to tighten monetary policy?



then rates will continue rising, then anticipating that trend, market will borrow more now.


What a dead lock!



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