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  • News From Press Fed keeps rate hike in 2017 on table

    Fed keeps rate hike in 2017 on table

    Source: Economic Times Sep 22, 2017

    Treasury yields jumped to their highest levels in six weeks on Wednesday after the Federal Reserve's statement from its September meeting was interpreted as keeping a December interest rate hike on the table. 

    New economic projections released after the Fed's two-day policy meeting showed 11 of 16 officials see the "appropriate" level for the federal funds rate, the central bank's benchmark interest rate, to be in a range between 1.25 percent and 1.50 percent by the end of 2017, o .. 

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