Thursday, December 22, 2005

How long will the Fed raise rates?

The following is from Business Week "After tighening for the 13th time the Federal Reserve appears to be signaling that it's nearing the end of the rising-rate cycle. Standard & Poor's expects another 25 basis point hike at the Jan 31 meeting, and another 25 basis points in March, if economic growth remains strong. We then expect the Fed to close up shop for the rest of 2006"


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