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What might happen with interest rates?

In the Journal’s consensus forecast, the federal funds rate will hit 0.47% by June 2015 and 1.17% by December 2015. NABE’s forecast merely projects it at 0.845% as next year concludes. That contrasts with Fed officials, who see it in the range of 1.25-1.50% at the end of 2015.1,2

Speaking of interest rates, here is the WSJ consensus projection for the 10-year Treasury yield: 3.24% by next June, then 4.58% by the end of 2015. The latest WSJ survey also sees U.S. home prices rising 3.3% for 2015 and NYMEX crude at $93.67 a barrel by the end of next year.1

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Citations:
1. projects.wsj.com/econforecast [9/30/14]
2. blogs.wsj.com/economics/2014/09/29/business-economists-see-lower-interest-rates-than-the-fed-sees-in-late-2015 [9/29/14]

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April Showers Bring May…

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Give Mom the Gift of Security

Help your mom protect her financial information by reminding her to regularly change her online banking password. (To help all members remember the importance of regularly changing their password, a message encouraging you to change your password now appears at login whenever you have not changed your password in the last 30 days.) Learn more about keeping your money secure.