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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST
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To: HairBall who wrote (40492)2/17/2000 10:27:00 AM
From: Les H  Read Replies (2) of 99985
 
Two other Fed members said the same yesterday. At least 75 basis points. They're targeting 6.25% to 7.00% as the area at which it may start affecting consumers. It's possible he may start raising 50 basis points at one or more upcoming FOMC meetings (with the political pressures getting more difficult later in the Summer from the election).

biz.yahoo.com
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