A month ago, the Fed was going to raise rates

By Edward Harrison On Jul 14, 2008

A month ago, the market was rampant with crazy speculation, not about if the Fed was going to raise rates, but when and by how much.

“Fed Funds futures now imply a near certainty of two 25 basis point rate increases by November.”
–FT, 10 Jun 2008

What do you think the chances of a rate hike are now?

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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