State of the Industry-Tags and Labels

This good news also means that the recovery won't get its typical surge from renewed consumer spending, nor will it get boosts from interest rate drops that stimulate economic resurgence coming off high inflationary periods. As a matter of fact, Prakken says that the current low level of fund rates are unsustainable and he expects fund rates to be increased to what he terms a "neutral" rate of four to five percent throughout 2003.