Fed action expected

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This is a no brainer. Purely as a matter of getting it on the record ahead of time, I'm predicting a 1/4 point increase tomorrow.

At this point in time, another 1/4 point in December is almost a sure thing. I wouldn't have said that last Thursday, but things are really moving in that direction.

I promise a longer post on this later.

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This page contains a single entry by William Polley published on November 9, 2004 11:32 AM.

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