The Fed Just Hiked Interest Rates. Are There More Hikes on the Way?
There are multiple signals to indicate what the Federal Reserve might do next.
Overview
Nearly everyone expected the Federal Reserve, led by new Fed Chair Kevin Warsh, to hike its benchmark interest rate this week, and sure enough, it delivered, with a quarter-point increase in the federal funds rate.
The question on many people's minds now is, was that a one-and-done hike, or will the Fed continue to hike rates in the coming months?
Details
We have several ways to peer into the future and attempt to answer that question, though, of course, none are definitive, as changing conditions in the U.S. economy can always lead the Fed to alter its course.
Source
Originally published at www.fool.com.
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