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Two factors could push rates higher, economists say.
If the trend holds, the Fed is likely to push rates higher still.
Nonetheless, economists expect the Fed to push rates higher on Tuesday.
If authorities push rates up too quickly, South Korea's indebted households could start defaulting.
The Fed might also need to push rates up more aggressively if long-term bond rates continue their recent decline.
It was the first central bank among the G-20 nations to push rates up since the crisis began.
Similar(12)
The inflation-wary Fed has already pushed rates higher six times in the past 13 months.
He is apparently in no hurry to start pushing rates back up.
Pushing rates below zero, though technically possible, would not have helped.
The central bank has been pushing rates higher since July 1999 to dampen growth and pre-empt inflation.
New thinking is emerging – pushing rates below zero, directly financing the deficit with made-up money, even abolishing cash.
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