Today the reserve cut their rate by 1/4 point. Other rates are generally impacted by this rate, so it continues to be a good time to be a borrower. Rates continue to stay low despite a weak dollar and other economic indicators that would generally suggest rates being raised.
The other trend to watch is the price of oil. A barrell of oil has surged past $90. It's hard to imagine this will not have a negative impact on fuel prices and will start to indirectly impact other prices.
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