It took the Union Tribune 5 days to catch up and finally write about the rate hikes. What I meant about erie quiet is that news outlets didn’t even know the rate hikes happened. They all claim to have been “shocked” by the quick hike.
Maybe the U-T ignored the story, but the U-T does not equal the media. The interest rate spike was the top story on CNBC. I was sick at home on Monday and that’s all they could yammer about. Also, CNN.com covered it at great length, along with other media outlets such as the Wall Street Journal.