A respected US Fed watcher has apparently told clients to expect a Fed rate hike earlier than expected. We are searching out details.
UPDATE: Here are the details–2 members of the FOMC are ready to vote for an immediate hike but the FOMC will likely favor a communications strategy to keep inflation expectations in check. The report says there is a growing call on the committee to back away from emergency strategies, but the doves are digging in their heels.
