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Surprisingly Hawkish Signals From Fed Chair Yellen

Surprisingly Hawkish Signals From Fed Chair Yellen

3 Years ago | June 18, 2017 00:00:00

John M. Bland, MBA


Fed Hikes Funds Rate By 25bp As Expected, But Surprises On Taper Announcement The Fed announced a 25bp hike in its Fed Funds target range of 0.75%-1.00% to 1.00%-1.25%. This was the third interest rate increase the past three months. A 25bp rate hike had been widely expected at this meeting. There is no doubt that the pace of rate hikes has accelerated recently. Markets feel the Fed would like to hike rates three times this year and three times in 2018. Their ultimate goal is to raise rates to what it

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