Fed officials raised the target for short-term interest rates by 0.25 percentage points on December 14. The Fed’s most recent forecast projects U.S. economic growth in 2017 to be 2.1 percent, slightly better than the Fed's previous projection in September.
Trump’s expansionistic policy rhetoric—pledging significant spending on new infrastructure, higher exports, higher import tariffs, lower taxes and reduced regulation—could spur inflation and lead to higher interest rates. Many have predicted the end of the 35-year bond bull run and the end of record-low interest rates.
Read more...The End of the Low Interest Rate Environment?:
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