We're in the range between 50 and 55 (in the ISM index) where the Fed often holds interest rates steady, and with Hurricane Katrina likely impacting the economy, particularly in the South, in September, we may see the Fed hold policy steady for a while until policy-makers can assess the full impact of the hurricane.  -   Gary Thayer     Quotes
We're in the range between 50 and 55 (in the ISM index) where the Fed often holds interest rates steady, and with Hurricane Katrina likely impacting the economy, particularly in the South, in September, we may see the Fed hold policy steady for a while until policy-makers can assess the full impact of the hurricane. Gary Thayer
 Economy Hurricane Katrina Interest Rates