“For investors who worry about rising interest rates, what comes next may well be the tough part.
Despite 11 increases in short-term rates in just over 15 months, members of the Federal Reserve are indicating there will be no quick end to their campaign to tighten credit,” reports The Chicago Tribune via The Seattle Times.

“Don’t be surprised if the central bank makes at least two more moves before Fed Chairman Alan Greenspan departs in late January, which would bring its short-term lending barometer to 4.25 percent, said Henry Van der Eb, a Bannockburn, Ill.-based mutual-fund manager.
Other economists say the rate could hit 5.5 percent next year.”