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Reading the Tea Leaves on Rate Hikes

Federal Reserve Building

We all got used to scrutinizing the words of Alan Greenspan and trying to interpret every nuance of his oracular utterances for a hint to what the future rates would be. Ben Bernanke has been a bit more straightforward but watched with no less intensity. Investors are fairly certain that rates will remain low for the near term - but are intensely looking for tips on when they will rise. CNBC outlines the process in this article

Posted Tuesday Dec 15