Despite the latest move, interestrate hikes cannot be ruled out, said an expert. We have entered an interestrate hike cycle.
专家表示,除了最近出台的措施外,也不排除会提高利率。我们已经进入了加息周期。
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However, as the year rolls on investors may start looking to an economic rebound in 2009, especially if the Federal Reserve continues the cycle of interest-rate cuts that began in September 2007.
Since rising US consumer spending is driven by cheap borrowing costs rather than growing middle class earnings, it is vulnerable to a turn in the interestratecycle.