Federal Reserve Rate Hike – We have Lift-Off

The Federal Reserve delivered a hawkish hike. The dot plot reflects expectations for four rate hikes in 2016. There were no dissents. This is important. It underscores the decisiveness of the decision. There have been three voting Fed members that were thought to be likely dissents. The Fed will […]

Another great article by Marc Chandler explaining the details behind the first Federal Reserve rate hike for many years. Well worth a read.