Th recent depreciation of the dollar against most of the major currencies, the inflation rate above the FED's comfort zone n along some other economic indicators, indicates a interest rate hike. My room partner being a management guy has some different opinion, he expects a decrease in interest rate, although he doesn't know how n when the FED does this, :-)
However I agree that the present scenario is pretty rare in US economic history.
I believe although the interest rate will go up by 25 basis points, it won't be long before the FED decreases it again probably around first quarter of next year.
Well, all done, I am looking for new job to take care in case of the rate hike or take advantage of the decrease in interest rate so that I can spend more, lol.
I need some challenging job position. Happy job hunting.