Fed Raises Rates as Labor Market, Inflation Fuel Confidence

As expected the Federal Reserve raised short-term interest rates by 0.25% and reiterated there will likely be two more increases from the central bank this year. Click here for analysis, market reaction and a press conference with Fed Chief Janet Yellen who detailed the Fed’s newest projections for the U.S. economy, the first since President Trump took office.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s