AgentIndustry News

Insiders bank on more Fed interest-rate hikes

More increases expected
Published on Mar 24, 2006

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by CareyBot

The 10-year Treasury note has held below 4.75 percent, in turn holding mortgages below 6.5 percent, both despite certain knowledge that the Federal Reserve will raise its overnight rate on Tuesday to 4.75 percent and very likely signal intentions for one or more hikes ahead.

After next week, the Fed will not meet again until May ...

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