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Interest rate hikes likely in December, Federal Reserve minutes reveal

Discussion in 'Market News' started by Lily, Nov 18, 2015.

  1. Lily

    Lily Forum Member

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    ‘Most’ Fed policymakers believe proper economic conditions are attainable before next meeting, as has been publicly hinted by several prominent officials

    Interest rate hikes are coming. Most members of the Federal Reserve now believe the US economy could sustain a historic rise in interest rates as soon as December.

    Minutes of Fed policymakers latest meeting, which were released on Wednesday, showed that “most” participants felt that economic conditions to allow a rate rise “could well be met by the time of the next meeting”. The next Fed meeting is on 16 December.

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