Fed expected to hike rates: 4 things to know

Fed expected to hike rates: 4 things to know

The Federal Reserve is expected to raise interest rates during their Wednesday meeting, making it their second rate hike since December. As highlighted by CNN Money, this rate hike signals a healthier economy than the one of years past, but it does not point to a complete agreement on policy issues between the Administration and Chairperson Janet Yellen. Yellen, who President Trump criticized on the campaign trail, has already pushed back on the President’s desire to scrap the Dodd-Frank Act, a piece of legislation implemented after the financial crisis to prevent risky Wall Street behavior.

 

Click here to read more:

No comments yet.

Leave a Reply