The U.S. Federal Reserve’s January policy statement acknowledged global market turmoil and implied a less aggressive pace of rate hikes.
Entries filed under 'Interest Rates'
The long-awaited interest rate hike by the U.S. Federal Reserve is now a reality. Perhaps more important to investors, policymakers indicated that they may not be in a rush to tighten further.
The anticipated tightening move by the U.S. Federal Reserve on December 16 would feature some new wrinkles. Here’s an explanation of the process.
The central bank likely will raise rates at its December meeting. But the move may not play out in the markets the way investors think.
Strong growth in nonfarm payrolls, and an uptick in hourly earnings, increases the odds of a December rate hike.