The Feds are Likely to Hold Interest Rate Steady

Rising unemployment, large numbers of foreclosures and rising energy prices is plaguing the country and making life difficult for federal reserve Chairman Ben Bernanke as he tries to right the economy. I wouldn't want his job, would you? He and his central bank colleagues are faced with dueling problems: a weak economic growth and advancing inflation. If you treat one, you risk aggravating the other. Meeting on Tuesday, the Fed is expected to leave a key interest rate alone. To say they are caught between a rock and a hard place is almost an understatement. I wouldn't trade places with them for anything.