Tag: Interest Rate Hike

Federal Reserve Interest Hike Seems Improbable After GDP Expectation Adjustment

In the financial sector a lot of experts are focusing their attention on what the Federal Reserve plans to do. Although quite a few people expect another interest rate hike, that seems less and less likely every week. Earlier today the Fed lowered their quarterly GDP outlook for the US for the remainder of the year. An increase in interest rates will probably have to wait until 2017, at the …
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