One Chart Shows Why the Odds Keep RisingThat the Fed Will Raise Rates

Will policymakers at the Fed raise interest rates at their December meeting? Wall Street  oddsmakers increasingly think they will. One simple chart shows why. The chart tracks the economy’s progress toward the central  bank’s target of “stable prices and maximum employment.”  The Fed’s rate-setting Federal Open Market Committee (FOMC) has operated under this so-called  dual ... Read more
The post One Chart Shows Why the Odds Keep RisingThat the Fed Will Raise Rates appeared first on EconoMonitor.