Poker, with due respect, the Fed may have to start raising rates very soon. Why? Because the Fed has been inflating the economy with M-3 at a record pace. As they've done this, the dollar's value has decreased enormously. This, in turn, will make everything more expensive. Which increases inflation. Also, oil is hitting record price levels. As oil goes up in price, so will the price of just about everything in our economy. That's inflation, and the only way the Fed can fight inflation is by raising rates. Two