The Fed’s Dilema

I believe the Fed will indeed hold tight, neither raising nor lowing rates, since they are caught between inflation and further economic pressures to control a steadily weakening US economy.

Update August 24, 2008: It now looks like real estate is going to remain challenging in many markets through the remainder of 2008 and through at least the beginning of 2009. Fannie and Freddie are at all time lows in regards to their price per share. With the current economic challenges and an election year upon us, I still believe the Fed will not adjust the Fed Fund's Rate leaving it at 2.00%.