southsider2k5 Posted June 29, 2004 Share Posted June 29, 2004 Expect a .25% interest rate hike to be announced tommorrow. http://money.cnn.com/2004/06/25/news/econo...dex.htm?cnn=yes Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted June 29, 2004 Author Share Posted June 29, 2004 On a side note, for the people who have no idea, this is a great info piece on the federal reserve board of trustees. http://www.usatoday.com/money/economy/fed/...6-27-fomc_x.htm Quote Link to comment Share on other sites More sharing options...
DBAHO Posted June 29, 2004 Share Posted June 29, 2004 I'm guessin this will probably hav a negative effect on our Aussie Dollar. Quote Link to comment Share on other sites More sharing options...
mreye Posted June 29, 2004 Share Posted June 29, 2004 They oughta just get it over with and raise it a half a point. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted June 29, 2004 Author Share Posted June 29, 2004 They oughta just get it over with and raise it a half a point. Nah, Fed funds are pricing in about 4 quarter point increases through the fall. Quote Link to comment Share on other sites More sharing options...
kapkomet Posted June 29, 2004 Share Posted June 29, 2004 They oughta just get it over with and raise it a half a point. Hell no. We are locking in a mortgage rate in two weeks, so we're a .25 increase too late. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted June 30, 2004 Author Share Posted June 30, 2004 25 basis point increase by the fed. First interest rate raise in 4 years. Quote Link to comment Share on other sites More sharing options...
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