Fed raises interest rates amid fierce pushback from Trump, signals fewer hikes in 2019

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Fed hikes 25 bps to range between 2.25%-2.50%, signals fewer rate hikes next year

 

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Traders keep bets on no Fed rate hikes in 2019U.S. short-term interest-rate futures fell on Friday as a government report show... And ofcourse they are going to hike!! surprise
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Fed decision: Central bank lifts interest rates, lowers forecasts to two hikes in 2019BREAKING Fed raises short-term interest rates by a quarter point, which is likely to hike rates on credit cards and home equity lines of credit END THE FED The Fed is the epitome of the Establishment and while there’s evidence of the rate hikes are already helping slow the economy, they continue to blindly plow ahead with more rate hikes- their little contribution to getting rid of the anti-establishment Trump.
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Fed hikes rate, lowers 2019 projection to 2 increases“Political considerations have played no role whatsoever in our discussions or decisions about monetary policy,” said Fed Chair Jerome Powell after increasing rates following weeks of attacks on the central bank from President Trump. Why dont you play the part where he said they would be data dependent. Not fit the narrative? Great Job Powell! Your independence will drive the country into a recession ..... if only Yellen had been in a position to raise rates sooner! The fed has screwed (again) the people NOT rescued from the housing disaster ...the home owners. Banks got bailed out Home owners who loaded up debt to try to SAVE THEIR DAMNED HOUSES now get taken for even more pain... UNBELIEVABLE GOVERNMENT
Source: CNBC - 🏆 12. / 72 Read more »