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The Federal Reserve Hikes Rates, While The Bank Of England Signals A Tightening

The Federal Reserve Hikes Rates, While The Bank Of England Signals A Tightening

2 Years ago | March 25, 2018 00:00:00

John M. Bland, MBA, co-founder, Global-View.com


New Fed Chief Gets High Marks For His First Presser Performance As expected, the U.S. Federal Reserve raised its target range for Fed Funds by 25bps to 1.50-1.75% on Wednesday March 21. With the rate hike fully priced in by the markets, the focus of traders was more on what will be coming next. Markets get an inkling about what FOMC decision-makers are expecting in the future from their quarterly “dot plots”, which are individual member forecasts of key economic parameters, including the Fed Funds rate, for the upcoming three years.

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