Posts with the category ‘Interest Rates’


Rising Rates: The Fed Takes Next Step Toward Normal

Prepared by Broadridge Investor Communication Solutions, Inc. On December 14, the Federal Open Market Committee (FOMC) voted unanimously to raise the federal funds rate by 0.25% — to a range of 0.50% to 0.75%. This was the second increase since December 2008, when the benchmark rate was lowered to a near-zero level (0% to 0.25%) during the Great Recession.1 The rate hike was widely anticipated by investors, and the only element of surprise was a change in the forecast for the… Read More


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