Where are interest rates headed? ...Middle East

The Hill - News
Where are interest rates headed?
Following a 50-basis-point rate hike in May, the Federal Reserve (Fed) is now widely expected to announce two more 50-basis-point rate hikes — one after the June Federal Open Market Committee meeting and the other after the July meeting. While the Fed may decide to pause in September, a further 50 basis-point rate hike by December appears inevitable. Even dovish Fed officials, such as Mary C. Daly, are now pushing for an “an expeditious march to neutral by the end of the year.” It is generally assumed that “neutral” in Fed speak refers to a 2.25-2.5 percent federal funds rate target range. Recent stock market conniptions have, at least so far, not generated much concern among Fed offic

Hence then, the article about where are interest rates headed was published today ( ) and is available on The Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Where are interest rates headed? )

Apple Storegoogle play

Last updated :

Also on site :