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Is Another Fed Interest Rate Hike Coming in 2016?
The Fed interest rate hike in December was the first rate increase for the U.S. Federal Reserve in nearly a decade. But now the focus has shifted to whether another Fed interest rate hike is coming in 2016.
Projections from policymakers show they will continue to raise their target range by a full percentage point during 2016. That would leave rates at a range of 1.25% to 1.5%.
But not everyone predicts such a smooth series of rate hikes from the Fed...
The Fed interest rate hike in December was the first rate increase for the U.S. Federal Reserve in nearly a decade. But now the focus has shifted to whether another Fed interest rate hike is coming in 2016.
Projections from policymakers show they will continue to raise their target range by a full percentage point during 2016. That would leave rates at a range of 1.25% to 1.5%.
But not everyone predicts such a smooth series of rate hikes from the Fed...