A dismal jobs report Friday means federal interest rates are likely to stay low for some time. Interest-rate futures traders, who previously anticipated that the Fed would raise rates at the end of next year, now believe the Fed won’t raise rates until mid-2012.
Continue reading Traders Don’t Expect Fed to Raise Interest Rate in 2011
Traders Don’t Expect Fed to Raise Interest Rate in 2011 originally appeared on DailyFinance on Fri, 03 Dec 2010 20:30:00.
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