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42%  
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Keyword: fedfund

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  • Debate on Fed rate rise is not when, but how much

    05/10/2004 1:41:14 PM PDT · by RWR8189 · 7 replies · 177+ views
    Reuters ^ | May 10, 2004 | Victoria Thieberger
    NEW YORK, May 10 (Reuters) - It is rare for economists on Wall Street to agree on anything but for once they are united, sharing the view that the Federal Reserve will raise interest rates in June, or August at the latest. But they still differ on how far the U.S. central bank will go, now that the economy is on a sure footing and inflation is on the rise. A blockbuster April U.S. payrolls report has prompted a wholesale shift in thinking about the Fed on Wall Street and analysts now see no reason for it to put off...