Swiss Economicblogs.org
While the Fed stood pat at its September meeting, we continue to expect one quarter-point rise in rates this year, and two more in 2017. The Federal Open Market Committee (FOMC) left interest rates unchanged at the end of its latest policy meeting on September 21. However, the Fed adopted a more hawkish tone, reintroduced in its statement a sentence saying risks in the US economy were roughly balanced, and affirmed that the case for a rate hike has strengthened. Significantly, three voting...
Read More »A December Fed rate hike is looking likely
