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Fed Hikes Rates For 3rd Time In 11 Years, Sees Two More Rate Hikes In 2017

Wednesday, March 15, 2017 21:09
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(Before It's News)

zerohedge.com / by Tyler Durden / Mar 15, 2017 2:01 PM

For the third time since June 2006, The Federal Reserve has hiked rates by 25bps (as 100% expected). If GDP forecasts for Q1 are correct, this will be the weakest economy since 1987 in which rates were increased.

In fact this could be the lowest since Q4 1980 according to BBG data…

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The post Fed Hikes Rates For 3rd Time In 11 Years, Sees Two More Rate Hikes In 2017 appeared first on Silver For The People.



Source: http://silveristhenew.com/2017/03/15/fed-hikes-rates-for-3rd-time-in-11-years-sees-two-more-rate-hikes-in-2017/

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