Bank Report: Whatever Fed does today, someone will be unhappy Higher interest rates help some, hurt others, but inflation hurts all (USA Today, 08 Aug 2006, Page 6A)

Tuesday, August 08, 2006

Whatever Fed does today, someone will be unhappy Higher interest rates help some, hurt others, but inflation hurts all
By Barbara Hagenbaugh USA TODAY
USA Today
08 Aug 2006

WASHINGTON — Many consumers are hoping the Federal Reserve will declare an end today to its twoyear campaign of increasing interest rates, effectively closing a period of rising borrowing costs for everything from mortgages to credit cards. But then... read more...