Once again, the Fed has raised interest rates. This time they mentioned fear of inflation despite the economic setback of Katrina.
Econo-Girl wonders whether anyone in America will ever name their daughter 'Katrina' again.
On the home front, Econo-Girl sent in her first application for a Federal job. It's just that I have this awful feeling about how this credit crunch/ high interest rates / awful deficit is all going to shake down in a few years.
Borrowing money will be REALLY hard within about two years.