U.S. rate hikes in 2010? Plausible, but not a given

(Reuters) - Wall Street's raging bulls may be getting ahead of themselves.

Economy
From the first inklings of U.S. economic growth after the deepest recession since the 1930s, some investors have extrapolated a robust expansion that will force the U.S. Federal Reserve to raise interest rates in the second half of next year.Their reasoning, based on the notion that companies overreacted to last year's epic financial meltdown by cutting staff and production too sharply, has some merit. Yet judging from the core of the central bank's rate-setting Federal Open Market Committee, most prominently Chairman Ben Bernanke and his No. 2, Donald Kohn, policymakers are hardly trigger happy.

http://www.reuters.com/article/idUSTRE5BN26420091224