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To: gregor who wrote (1233)5/12/2000 7:41:00 AM
From: yard_man  Read Replies (1) | Respond to of 1283
 
economist.com

Financial markets have priced in a high probability of short-term rates rising a full percentage point, to 7%, this year. Some analysts expect an even more aggressive tightening. Economists at JP Morgan, for instance, now forecast that the federal funds rate will reach 7.25% by August, which implies a total rise of 1.25% in only four months.