Archive for January, 2009

Rates Hold Steady

Wednesday, January 21st, 2009

Interest rates held fairly steady at their low levels last week. Inflation core readings also held steady, calming fears that a deflationary environment could develop.

The inaugral address, with its ringing call for hope, left many people feeling better about things. However, the Dow reacted to a plunge in banking stocks with a sell-off that tumbled the market 330 points.

Click here to see all rates as they began the week of January 19.

Interest Rates Keep Heading Down

Wednesday, January 14th, 2009