Thursday, November 03, 2016

The Fed's (Not So) Christmas Suprise

Will The Fed Raise Interest Rates?

The U.S. Federal Reserve likely will set the stage for a December interest rate hike when it ends its two-day November meeting Wednesday. Observers do not expect the Federal Open Markets Committee to impose a rate hike this month, but with employment and inflation strengthening, a December rate hike is all but inevitable. Raising interest rates…