After having six drinks all to herself, Julie was in orbit. See also: orbit. in orbit. Thrilled, delighted, as in Dean's in orbit over his son's success. This expression alludes to the successful launching into orbit of a satellite or other spacecraft. [Slang; late 1900s] See also: orbit. in orbit. 1. mod. ecstatic; euphoric. She was just in orbit when she got the letter. 2. mod. alcohol or drug intoxicated. Gary is in orbit and canât see a hole in a ladder. See also: orbit
The current American interest rate FED (base rate) is 0.500 %. Note: at this time the FED has adopted an interest rate range of 0.25% to 0.50%. â 1 managingâ the national money supply by means of monetary policy with the aim of:  preventing or limiting inflation and deflation (price stability).
Zentner says the dot plot released following the June meeting will show the path of rate hikes âstarts later and shifts lowerâ than the March chart. Zentner says the Fed policy committeeâs median interest rate forecast for the end of 2015 will dip to 0.375% , down from the prior forecast of 0.625% in June. This will show Fed officials think there will only one move in 2015.