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42, the number of times FED policy maker use the word increase in the July minutes
of its important meeting, everything from jobs, housing, productivity, the dollars,
stocks, production, car sales, all increasing which give FED breathing room for
the most important increasing of all, its bench mark interest rate.
a way hike is a double-edged sword, it will be a vote of confidence in american
economy, but higher rates make its more expense to borrow money, cars, homes,
credit cards, rates have been so low for so long, essentially zero for years,
a small rate increase in december was a long way little whip from this chart.
the FED has kept its power dry, but its option is open since then, but now markets
are heaped to the idea that higher rates are coming, when, the probablity is now 4
in 10, but a higher come in december, several fed officer have hinted recently
a rate hike like this is fall, the FED next meetings are in september, november
and december. |
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