March 28, 2006 | posted by Michael Baxter in Uncategorized |

Ben Bernanke will be in the limelight again today.

The new governor of the Fed will probably be telling us that US rates will be going up again, this time to 4.75%. If he does do what is expected, it will be the 15th rise in a row. US rates will also overtake the UK rate; currently they are both 4.5%.