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Probability

Will LIBOR rates go up or down in the next 6 months?

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01/14/2010

Answer

Its less likely that LIBOR rate will go down in near future. increase in retail sales to .6% from expected .3% as well as inflation indications makes a change in LIBOR rates less likely

LIBOR, the London Interbank Offered Rate is a basis against which reference banks quote a cost of funds from overnight to one year in 10 currencies.

http://en.wikipedia.org/wiki/London_Interbank_Offered_Rate