Items Tagged with 'rate hike'

ARTICLES

  • Fed's Mester says another rate hike in 2019 is possible

    Says strong economic growth may warrant another increase
    The Federal Reserve Bank of Cleveland President Loretta Mester said she expects the strong economy may warrant another interest rate hike in 2019. In a speech, Mester explained that she believes the funds rate may need to move just "a bit higher" if the economy performs strongly, but said she's willing to consider changing her outlook if the economy changes course.
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  • Federal Reserve raises rates at December meeting

    Unphased by Trump’s campaign against rate hikes
    During its two-day December meeting, the Federal Reserve elected to raise interest rates for the fourth and final time in 2018. This all comes despite calls from President Donald Trump to keep rates low – even as the Fed was meeting on Tuesday.
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  • Rate hike in December? Maybe not

    Economists lower rate-hike predictions
    An interest rate hike in December was almost a sure thing, followed by one or two rate hikes next year – all the economists said it. After that, there was debate about what would happen next. But that is now beginning to shift, and even a rate hike in December may not be happening.
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  • Goldman Sachs: Fed still has 5 rate hikes to go

    Job creation to reach breakeven pace in 2020
    The Federal Reserve elected to raise the federal funds rate three times so far in 2018, three times in 2017 and once in 2016, but Goldman Sachs says it still has five rate hikes to go. The company noted that the Fed is unlikely to conclude the hiking cycle unless it is reassured that the labor market overshoot doesn’t grow much further.
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  • President Trump 'not happy' with Fed hiking interest rates

    Mortgage rates keep inching higher, as well
    President Donald Trump is giving the Federal Reserve grief over interest rate hikes once again, but Federal Reserve Chairman Jerome Powell isn't paying him any mind. Meanwhile, mortgage rates are continuing to inch higher, higher today than in the last seven years, actually.
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  • Federal Reserve hikes interest rates again

    As expected, the Federal Reserve pushed rates up an additional .25% to stymie inflation
    The Federal Reverse raised interest rates for the third time this year, pushing rates up by .25% to 2.25%. Strong economic growth and a booming job market have led to the eighth rate hike since 2015, as the Fed tries to rein in the acceleration of inflation.
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  • Powell defends Fed’s approach to monetary policy

    Expects to continue raising interest rates
    Federal Reserve Chair Jerome Powell defended the Fed’s current approach to monetary policy in a speech at the Jackson Hole symposium on Friday. In his speech, he outlined the current state of the U.S. economy and expressed his view that, for now, rate hikes will likely continue.
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