The Argument Against A Rate Hike
The Federal Reserve’s upcoming December meeting is likely to result in an interest rate hike; the majority of analysts are expecting the bank to make a move.
The Federal Reserve’s upcoming December meeting is likely to result in an interest rate hike; the majority of analysts are expecting the bank to make a move.
On Wednesday, the U.S. Federal Reserve is set to release its July meeting minutes, giving investors a glimpse into the bank’s discussions regarding an interest rate hike. At the moment, many believe there is a 50/50 chance that the bank will raise rates in September, though unforeseen economic conditions around the world could postpone those plans.
This week’s Federal Reserve meeting served as confirmation for investors that the bank is still planning to raise interest rates some time before the end of this year.