EclectEcon

Economics and the mid-life crisis have much in common: Both dwell on foregone opportunities

C'est la vie; c'est la guerre; c'est la pomme de terre . . . . . . . . . . . . . email: jpalmer at uwo dot ca


. . . . . . . . . . .Richard Posner should be awarded the next Nobel Prize in Economics . . . . . . . . . . . .

Wednesday, July 27, 2005

Point Estimate: US Fed Funds Rates to be 4% by November

The current target rate is 3.25%. See here for more.
My own point estimate for November is 3.75%. Inflationary expectations are low; monetary growth is low; and fiscal deficits are less than expected.

posted by EclectEcon @ 7/27/2005 06:27:00 a.m.  

 
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