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Reading the Tea Leaves on Rate Hikes

Real Estate Agent with Kristal Pooler & Associates. Coast & Country Properties Inc.

Federal Reserve Building

We all got used to scrutinizing the words of Alan Greenspan and trying to interpret every nuance of his oracular utterances for a hint to what the future rates would be. Ben Bernanke has been a bit more straightforward but watched with no less intensity. Investors are fairly certain that rates will remain low for the near term - but are intensely looking for tips on when they will rise. CNBC outlines the process in this article