Fragile Economy Means Steady Interest Rates
Wednesday, October 23, 2013
The Daily Transcript--The state of the economy determines the future of interest rates -- and with the economy looking fragile, two local experts said they don’t expect interest rates to increase significantly anytime soon.
“Given that fragility, I think any upward pressure on interest rates will be mild because there’s too much uncertainty,” said Mark Riedy, executive director of the Burnham-Moores Center for Real Estate at the University of San Diego. (Full Story)