PONTE VERDRA BEACH, Fla. — If you think the Federal Reserve should raise interest rates in the next six months to a year, rattle this copy of Credit Union Times you're holding.
If you're typical of the audience at an Education Credit Union Council session on the economic outlook, you didn't move. Nobody in the audience liked the idea.
Perhaps 30% or 40% of attendees indicated they would prefer rates to stay the same, about 5.25%. Some 20% to 30% raised their hands when asked if they thought the Fed has over-reacted and should lower rates.
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