Expectations Soften for September or November Fed Rate Hike, July Still Firmly Anticipated
The Federal Reserve continues to be expected to raise the benchmark interest rate by a quarter of a percentage point, according to forecasts by fed-funds futures traders. The current projections predict an increase from the current rate to a new range of 5.25% to 5.5%. This increase is anticipated to occur within the month. Despite […]
“Job Market Soars, Fed’s 0.25% Rate Hike in May to Boost Economy Further!”
Despite the ongoing uncertainties brought on by the COVID-19 pandemic, the job market in the United States appears to be on the right track, both in terms of overall job creation and the recovery of sectors hardest hit by the crisis. By safely reopening the economy and stimulating further growth, the Federal Reserve may be […]