The June Rate Hike

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 …

The Federal Reserve Raises Benchmark Interest Rate

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