Tag Archives: Federal Reserve

The June Rate Hike

federal reserve seal

The Federal Reserve takes the key interest rate north by another quarter point.

Provided by Reeve Conover – Conover Consulting

On Wednesday morning, futures markets put the odds at 99.6% of a June interest rate increase by the Federal Reserve. Sure enough, the central bank made a move. It raised the key interest rate by 0.25%, taking the target range for the federal funds rate to the 1.00-1.25% range. The Federal Open Market Committee voted 8-1 to hike the rate, with Minneapolis Fed President Neel Kashkari being the lone dissenter.1,2

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The Federal Reserve Raises Benchmark Interest Rate

the facade of the federal reserve bank.

Monetary policy is normalizing due to economic improvement.

Provided by Reeve Conover – Conover Consulting

On March 15, the Federal Reserve raised the benchmark interest rate by a quarter-point to a range of 0.75-1.00%. The increase was widely expected, and it represented a vote of confidence in the economy.1

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