The overwhelming consensus is the Fed will raise interest rates, but the open question regards when. Following the Federal Reserve meeting in March, there has been a split between which of two quarters this may occur.The rule of thumb in economic forecasting is to predict a price or a time but not both. There are currently many predictions about increased interest rates and what the Federal Reserve Board will do with the federal funds rate. The overwhelming consensus is the Fed will raise interest rates, but the open question regards when this will occur. Following the Federal Reserve meeting in March, there has been a split on whether interest rates will be increased as soon as June during the second quarter of the year or in September dur...

TAGS – Energy