Analyzing Odds of a Fed Rate Increase

Analyzing Odds of a Fed Rate Increase

As the debate about whether the Federal Reserve will begin raising interest rates next week reaches fever pitch, each side is being forced to adopt so-called corner solutions, arguing for their respective position with mounting conviction. This is understandable given the demand for a definitive answer. But it also is unfortunate, because both camps fail to take account of some broader considerations that cloud any certainty.

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