Fed Funds Rate - Where Are The Rates Headed?

Update August 24, 2008: The fed remains between the proverbial "rock and a hard place" in regards to the rates as there continues to be downward pressure on real estate, further deterioration of the overall US economy, and inflation is beginning to rear its head!

Update September 9, 2008: Jobless claims continue to rise. The unemployment rate rises to 6.1%.