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Fed Tracker

MensagemEnviado: 29/6/2006 15:04
por Infoo
Fed Tracker:
in finance.yahoo

The Fed is most likely to raise rates by the expected 25 basis points however, the potential for disappointment with today's statement is reasonably high given that the Fed remains data dependent & concerned with not only a spike in inflationary pressures but also the lagged effect of 2 years of rate hikes on the economy.

As a result, the statement is most likely to acknowledge all these knowns with little detail on future policy actions mostly because the Fed will need to remain flexible heading into Aug's meeting.