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What is going on with oil and the Fed?
Hey guys-
I just thought you guys might enjoy reading this info about oil,a nd the relationship to the Fed.  The Fed met today, and this is some insight into the economy.  Hope you enjoy!
This is a bit lengthy but well worth reading.
Fed Day is here once again, and there's lots of anticipation about the Fed's Policy Statement this afternoon. There will not be a change in rates, but the Fed will likely be more hawkish in their comments and concerns about inflation. This should help mollify some members of the Fed like who have been very concerned about inflation.
I actually agree with a more hawkish view and although the Fed will not hike, I hope they decide to do so sooner than later. There is a possibility of a hike in August but it is not likely. The Fed is in a tough spot - the economy stinks, housing is struggling, confidence is low and costs are rising. You need only look at your last receipt from the grocery store or gas station to see how quickly things have changed. And a walk through your local shopping Mall tells another story of individuals who are less able ... more

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