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Is It Really Time to Raise Interest Rates?

…the 3-month T-bill rate minus the 3-month inflation rate in the core CPI. Aside from an unexpected dip early this year (most likely due to the spike in oil prices…

…favorite bloggers. Normal posting should resume tomorrow. AB P.S. In the meantime, there’s this for your consideration: Is this the second dip? Recent economic numbers show contraction has already begun….

Oh hail the Great Cactus

…for me: unless and until the Fed starts removing money from the system, I don’t think we’re going into a second dip. But given the Federal Government’s current policies, I…