Time for a Rate Hike Sneak Attack?

by Greg Guenthner
Daily Reckoning

Is today the day Janet Yellen channels her inner John Rambo?

All she needs to smite her enemies is a red headband, some camouflage war paint and a rate-hiking machine gun.

That’s right—some folks think we could see a rate-hike sneak attack today.

‘The Federal Reserve is likely to hold interest rates steady this week in the face of disappointing economic data over the last month, economists said, although some think it is a closer call than the market expects,” MarketWatch reports. “Talk of an interest rate hike persists.”

Fed chatter is off the charts heading into today’s meeting, running at a close second to Brad Pitt and Angelina Jolie divorce gossip.

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