On March 28, 2006, Fed will raise bank rate by another 20 base point to 4.75%. The following will be the statement along with the announcement: "While FED sees solid economy going forward, the housing market may experience a measured slow-down. FED also sees long term inflation remain benign, although elevated oil price is a concern. FED believes that after 15 times raises, the interest rate has reached a neutral range. The future FED decison on interest rate will be carefully decided based on incoming economic data."