Saturday, December 10, 2005

Will the Fed Keep Hiking Rates ?

Marketwatch reports:
At the moment, the Fed funds futures market thinks the Fed will stop hiking at 4.75%, meaning after the March meeting. Immediately after the Nov. 1 minutes were released, the market had put in a Fed stop at 4.5%, but changed its mind after a strong November consumer confidence report.
Here's a list of Fed Funds futures prices.