After the first Fed interest rate hike on Dec. 16 (Wednesday), investors are anxious to know when the next rate hike will be.
Wednesday's quarter-percentage point (0.25%) Fed interest rate hike was the first since June 2006. The Fed's vote to raise rates was unanimous, signaling its increased confidence in the U.S. economy.
After the first Fed interest rate hike on Dec. 16 (Wednesday), investors are anxious to know when the next rate hike will be.
Wednesday's quarter-percentage point (0.25%) Fed interest rate hike was the first since June 2006. The Fed's vote to raise rates was unanimous, signaling its increased confidence in the U.S. economy.
Future rate hikes in 2016 will be based on these factors...
The December Fed rate hike is finally here. After all the anticipation, the Fed increased its target rate by a quarter of a percentage point (0.25%). So how will it affect investors?
The Fed's December rate hike move signaled its confidence in the U.S. economy. After reviewing its key economic indicators, including unemployment, inflation, and its measure of the global economy, the Fed was satisfied enough to raise rates.
So far, Wednesday's decision hasn't panicked investors, as some doomsayers predicted.
Many financial analysts and economists think the Fed will raise interest rates at its December meeting. It would be the first rate hike since June 2006.
For a rate hike to happen, the Fed must determine the economy has improved enough since the Great Recession. And the data the Fed pays attention to most show the economy has.
Here's what you need to know...
