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  • Is a Rate Pause Just Around the Corner? The Experts Weigh In [View article]
    The Fed is done for now. They can always raise rates twice more in the beginning of 2007.

    On <b>May 17th</b> a CrossProfit article was syndicated on several blogs...take into account that the one more interest rate hike mentioned in the article, was already in June...

    "The Fed tries to be one step ahead based on the economic data. I would give Bernanke credit that he foresaw the core inflation increase. This is the outcome of previously released economic data resulting in the last increase and Bernanke’s last comments alluring to the necessity of one more increase before pausing for evaluation. Yes, even the Fed has to pause in order to allow the markets to realign..."

    Disclosure: This reply was written by a member of the CrossProfit research team. This is a personal view and may not reflect the views of CrossProfit.com.
    www.crossprofit.com
    Aug 07 12:31 pm |Rating: 0 0
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