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Tuesday, May 24, 2005
The Fed Minutes
While investors digest the minutes for the Fed's last meeting, it is clear the initial take is that higher interest rates are coming, but the Fed doesn't expect the economy to go down the toilet (i.e. stable prices & stable growth). What a shocker. So, how long will this higher-rate cycle continue? How about for another year!
Posted by Kirk at 2:15 PM in Economy | Bookmark | Feeds | Link |
