Seriously: Is there anyone on the planet doesn’t know that rate increases are coming?
We can fight over 1/4 point versus 1/2 point. I’ve previously said that its 1/4 point increases as far as the eye can see. The recent CPI data — the core rate, anyway — seems to have confirmed that.
Wall Street vs. the Fed
By Mark Gongloff
CNN/Money, June 15, 2004: 4:32 PM EDT