"The Federal Open Market Committee will release its decision and statement on interest rates at 2:15 p.m. ET today. There is an 88% chance that the Fed will boost the overnight lending rate to 5.25% from 5%, and a 12% chance it will boost rates up to 5.5%, according to fed funds futures traded on the Chicago Board of Trade.
"While a rate hike is a virtual certainty, the FOMC's statement will again be carefully analyzed for any clues as to where rates will go from here." (CNBC Money 6/29/06)
Looking foward to the announcement! :-)
"While a rate hike is a virtual certainty, the FOMC's statement will again be carefully analyzed for any clues as to where rates will go from here." (CNBC Money 6/29/06)
Looking foward to the announcement! :-)
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