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.
Source:
Wall Street vs. the Fed
By Mark Gongloff
CNN/Money, June 15, 2004: 4:32 PM EDT
http://money.cnn.com/2004/06/15/markets/fed_wallstreet/index.htm
Fed Rate Moves.
Mark Gongloff at The Big Picture has a chart of Fed interest rate moves over the last 4 years — and makes a prediction: its 1/4 point increases as…
Fed Rate Moves.
Barry Ritholtz at The Big Picture has a chart of Fed interest rate moves over the last 4 years — and makes a prediction: its 1/4 point increases as…