Fed lifts rates for 4th time this year but sees fewer hikes

FILE – In a Nov. 29, 2018, file photo, Federal Reserve Chairman Jerome Powell addresses the Federal Reserve Board’s 15th annual College Fed Challenge Finals in Washington. The Federal Reserve is poised Wednesday, Dec. 19, to raise its key interest rate for the fourth time this year. But beyond that, its plans are shrouded in uncertainty. (AP Photo/Cliff Owen, File) […]

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Sweden Riksbank hikes rates, first time since 2011

STOCKHOLM–Sweden’s central bank on Thursday raised its key policy rate for the first time since July 2011, saying that with both inflation and inflation expectations establishing themselves at around 2%, the need for a highly expansionary monetary policy has decreased slightly. However, the Riksbank noted that the global economy is now entering a phase of more subdued GDP growth and […]

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Why the Fed must raise rates

Market doesn’t want Fed to get political: Liz Ann Sonders Charles Schwab Chief Investment Strategist Liz Ann Sonders on the outlook for Federal Reserve policy, the U.S. economy and the state of the markets. The Federal Reserve is expected to raise interest rates for the fourth and final time on Wednesday at the conclusion of their two-day policy meeting. Continue […]

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Chile central bank leaves benchmark rate at 2.75 pct

Dec 4 (Reuters) – Chilean central bank policymakers decided unanimously to maintain the benchmark interest rate at 2.75 percent on Tuesday. A traders’ poll conducted by the central bank on Nov. 29 suggested that the bank would increase the interest rate to 3 percent in January despite slowing inflation. (Reporting by Aislinn Laing; editing by Jonathan Oatis) Source: Read Full […]

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Mortgage Rates Jump to 8-Year High

This article was originally published on ETFTrends.com. A confluence of positive economic data is good news for the capital markets, but for would be home buyers, it could mean more rate-hiking by the Federal Reserve as mortgage rates have already hit a level not seen in eight years. Secondary mortgage market participant Freddie Mac published the results of its Primary […]

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Fed stands pat on rates, signals December hike amid upbeat economic outlook

WASHINGTON – With the economy sailing along, another interest rate hike is almost certainly in the cards next month. The Federal Reserve held its key short-term rate steady Thursday but maintained its upbeat view of the economy, setting the stage for a fourth rate increase in 2018 at its Dec. 18-19 meeting. As expected, the Fed’s policymaking committee kept the […]

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