Fed Meeting This Week Could Outline Plans for a December Rate Hike

With improved labor market data and a better than expected third quarter GDP report on Friday, the Federal Reserve is expected to outline plans for a December rate hike at its November Federal Open Market Committee Meeting (FOMC) this week; economists are expecting verbiage similar to that used last October before the Fed’s last rate increase, indicating the economy was on target to meet the FOMC’s objectives.  Source

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments