41. Last week, the Fed raised interest rates in an attempt to cool an economy that is growing at a breakneck pace. 42. More costly borrowing for investors and consumers is aimed at cooling the economy and curbing inflation. 43. Moreover, as the Federal Reserve pushes up interest rates to cool the economy, the cost of credit card borrowing is one place it will be quickly felt. 44. Nonetheless, most analysts still expect the Federal Reserve will likely increase interest rates this summer to cool the economy and limit the threat of accelerating inflation. 45. One outside factor that could derail the REIT rally would be a move by the Federal Reserve to raise interest rates to cool the economy. 46. Rates also rose because comments by Fed officials reinforcing expectations that the central bank would move to cool the economy at the next policy meeting, traders said. 47. Rates may climb if the Fed raises rates again to cool the economy when the policy-makers meet next month. 48. Rates also rose because comments by Fed officials reinforced expectations that the central bank would move to cool the economy at the next policy meeting, traders said. 49. Short-term interest rates also soared on concern the Federal Reserve will need to raise overnight lending rates soon to cool the economy and keep inflation at bay. 50. Since last June, the Fed has raised short-term interest rates six times to cool the economy and dampen inflationary pressures. |