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When Will the Next Fed Interest Rate Hike Happen in 2016?
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.