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High Crude Oil Prices? It's the Fed, Stupid
By
Nat Worden
06/27/08 - 12:10 PM EDT
Low interest rates are weighing on the dollar and helping to drive up the price of crude. Why is no one talking about the Fed's role in soaring gasoline prices.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,464.40 | 1,110.63 | 2,176.05 | 32.79 |
Oil *
77.05
|
|
UP
30.69
|
UP
4.98
|
UP
6.87
|
DOWN
0.38
|
10 Yr
3.28%
SPDR Gold
116.62
|
|
+0.29%
|
+0.45%
|
+0.32%
|
-1.15%
|
Data delayed 20 minutes |


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