Rate Increase Anyone?

Seriously: Is there anyone on the planet doesn’t know that rate increases are coming?

fed_rate_moves_may04_1.0

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

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