4 Rate Hikes in 2018, Fed Aims for 2 in 2019

Posted on 12/19/2018

The U.S. Federal Reserve moved the target range for its benchmark funds rate to 2.25% to 2.5%. The Federal Reserve is now forecasting two interest rate hikes in 2019 down from three interest rate hikes as previously projected. This is the fourth interest rate hike in 2018. The Federal Reserve sees 3% gross domestic product […]