September 21, 2005

The Federal Reserve raised short-term rates for the 11th time in a row. Our forecast takes a cue from the futures markets. In their statement, the Fed acknowledges that the unfortunate developments surrounding Katrina have increased uncertainty regarding near term economic performance, yet it is the FOMC’s view that these developments do not pose a more persistent threat.

You must have an active account to view these reports. You may register for a trial here

Download Complete Report in PDF Format

Download Complete Report in Word Format