Daily Real Estate News | September 11, 2009
Are Lower Rates on the Horizon?
The Federal Reserve is likely to keep interest rates low to help consumers and companies eliminate debt, Goldman Sachs economists wrote in a report released Wednesday.
Some forecasters have said they expect the Fed to raise rates next year, but Goldman economists say they believe the Fed will keep its key rate near zero at least through 2010 and probably longer.
Source: Bloomberg, Simon Kennedy (09/10/2009)
