According to the Economic Outlook Group, an economic consultancy in New Jersey, higher energy prices resulting from Katrina may lead the Fed to __________ next time it meets.

According to the Economic Outlook Group, an economic consultancy in New Jersey, higher energy prices resulting from Katrina may lead the Fed to __________ next time it meets.


A. raise interest rates

B. skip an expected rate cut


C. skip an expected rate hike

D. lower interest rates


Answer Key: C