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Monday, March 8, 2010 - 8:55 AM
Economists see Fed rate hike in 6 months [Reuters]
From Reuters
Most U.S. business economists expect the Federal Reserve to raise benchmark interest rates within six months by between a quarter and a half percentage point, according to a survey released on Monday.Keep in mind the road to higher rates may be long even if the Fed starts to hike rates. Rates are so low now, it's going to take a lot of Fed rate hikes to get them up to more normal levels.
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