Not Done Yet….

According to the futures market, the Fed may raise interest rates one more time. Not at the June meeting, but it could happen at the August meeting. According to the latest numbers, the futures market believes there’s a 40% chance that the Fed will raise rates by 25 points in August. The Fed Funds Target currently stands at 2%.

Posted by Eddy Elfenbein on June 10th, 2008 at 10:20 am

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