November 13, 2009

The economists expressed confidence in the Fed. 60% of the respondents believe the Fed will raise interest rate at the right time, 36% believe they will be too slow raising rates and 4% believe they will raise rates prematurely. On average, the economists expect the Fed to raise the target rate from the 0-0.25% range some time around August, 2010. They expect the Federal Funds rate to be 0.37% in June 2010 and 1.00% in December, 2010.

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