Interest Rates to Hold at a record Low for Now!

Reported in the Orange county Register this week was Federal Chairman Ben Bernanke sent a fresh signal that he's in not in any hurry to change direction and start raising interest rates. At a Fed conference, Bernanke said that the Fed's key bank lending rate is now near zero, a record low and is planned to staythat way for an "extended period". So far he is holding to the goal that was set in September at their meeting. duper-low rates will entice more spending by people and businesses helping the recovery along.