Two charts from Michael Hanson and the Bank of America Merrill Lynch Economics team…
The first is a look at market participants’ expectations for the Federal Reserve’s first rate hike, which is now expected to take place in Q3 of next year:
The second is a look at what would happen should the Fed maintain its stated policy “rules”:


Source:
Many moving parts
Bank of America Merrill Lynch – September 12 2014
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ñïñ!
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ñïñ.
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tnx for info!!
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