The Federal Reserve Board starts its two day meeting today. June's meeting is a big one as the tightening cycle will be ending shortly.
Despite, the speculative talk of 50bps increase in short term interest rates, I am still predicting a 25bps increase at tommorow's announcement. That would bring rates to 5.25%.
What will happen at August's FOMC Meeting?
Wednesday, June 28, 2006
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