 |
 |
 |
 |
|
|
|
|
|
Fed: Rates Increased for Second Time This Year |
By Liz Dominguez |
As predicted by all officials, the Fed raised rates for the second time in 2018—from 1.75 percent to 2 percent. The remainder of 2018 and 2019 may see more gradual hikes, with analysts predicting two more increases by year's end in order to curb future inflation concerns following reports of a strong labor market and economic conditions. "In view of realized and expected labor market conditions and inflation, the Committee decided to raise the target range for the federal funds rate to 1-3/4 to 2 percent. The stance of monetary policy remains accommodative, thereby supporting strong labor market conditions and a sustained return to 2 percent inflation," according to a Fed statement. "Consistent with its statutory mandate, the Committee ...
Read More > |
|
 |
 |
|
 |
|
RISMedia, publisher of Real Estate magazine, is dedicated to providing real estate professionals with the most up-to-date news, information and business development resources in the industry. To submit questions, comments, suggestion, press releases or story ideas, please e-mail realestatemagazinefeedback@rismedia.com
"Branding, Positioning. . . Building Relationships since 1980"
RISMedia, Inc. 69 East Ave. Norwalk, CT 06851
Copyright ® 2019 RISMedia, Inc. All Rights Reserved. |
|
|
 |
|
|
This email was sent by RISMedia, Inc.. You can unsubscribe at any time.
Edit your subscription |
Unsubscribe
|
|
|