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Mr. Meyer was referring to the prices of federal funds futures, instruments that allow betting on the direction of future rates.
BECAUSE it's impossible to know the direction of future rates, various specialists suggest that you instead focus on distinguishing among the types and maturities of bonds.
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Investors examine the language of Fed policy makers for any hint or nuance about the direction of future interest rates -- and react accordingly.
Plus, investors have begun paying more attention to the Fed and are trying to divine the direction of future interest rates from Chairman Ben Bernanke and his esteemed colleagues on the Federal Open Market Committee.
This suggests that adequate modelling of morphological rate variation is an important direction of future, macroevolutionary research32,40.
For example, at the time of writing, futures markets pegged the odds of a December Fed rate hike at just 35percentt, illustrating the general lack of consensus about the direction of future Fed policy.
Determining mutation rates in both organellar genomes of Euglena, which are now finally available, is an important direction of future research.
The direction of future subsidies is uncertain.
It also suggests, sadly, the direction of future travel.
These experimental results also guide the direction of future research.
This is a direction of future research.
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