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Another quarter point higher today. Many of the "experts" figure two more quarter point raises (in December and January). That would complete Greenspan's tenure. Is the new head of the fed going to immediately stop interest rate hikes? What kind of signalwill this send the market? Will he want to show he will be tough on inflation? If so, there could be a few more raises by spring.
Another quarter point higher today. Many of the "experts" figure two more quarter point raises (in December and January). That would complete Greenspan's tenure. Is the new head of the fed going to immediately stop interest rate hikes? What kind of signalwill this send the market? Will he want to show he will be tough on inflation? If so, there could be a few more raises by spring.