Tuesday, March 28, 2006
Official - US rates higher than in the UK
Posted by David Smith at 07:30 PM
Category: Thoughts and responses

The Federal Open Market Committee, as expected, lifted the Fed Funds rate from 4.5% to 4.75%, the first such move under Ben Bernanke's chairmanship. Here's the FT's report. US rates are now above those in Britain. Can sterling survive? Watch this space.