Rev 6:6 NAS “And I heard something like a voice in the center of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not damage the oil and the wine.”

Important Takeaways:

• Fed likely to boost interest rates by three-quarters of a point this week
• Markets are beginning to anticipate an even faster pace of interest rate hikes, and Federal Reserve officials apparently are contemplating the possibility as well.
• Fed policymakers are entertaining the idea of a 75-basis-point rate increase this week, according to CNBC’s Steve Liesman.
• Bond yields pointed to the possibility of a more aggressive Fed as the yield on the 10-year Treasury shot up to 3.37%, while the 2-year yield, which mostly closely tracks Fed intentions, accelerated to 3.34%.
• A 75 basis point move is “a real distinct possibility,” Liesman said.

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