Interest Rates - 2010

Mr. Bernanke declared that financial markets are now healthy enough to remove emergency aid programs. Policy makers agreed to keep interest rates “exceptionally low” for now. The Fed did indicate that it will discontinue its program of purchasing mortgage backed securities at the end of March 2010. Between now and then, it looks like the Fed will be buying at a rate of 50% less than what was typical throughout 2009. It all points to “exceptionally low” rates going higher in 2010. (Jim Vanslyck, Thoroughbredmortgage)