There was some aggressive chatter
about rate hikes out of the Fed, and it sent 10 - year yields from 1.6 % to 3 %, in a hurry.
Not exact matches
«I'm convinced that the «plan» is to go «lower» in terms of pace of buying, for «longer» in the hope of pushing
out expectations
about rate hikes,» Kit Juckes, an analyst at Société Générale, said.
The Fed can certainly talk
about raising
rates, and might even trot
out an initial
hike, but every time credit trouble threatens the markets, the Fed will predictably shift to frantic attempts to calm the market with easy money.
Find
out about their
rate hike practices, like what kinds of situations warrant tougher
hikes, how much a
hike would generally be under your circumstances, and whether they offer accident forgiveness.
The
rate hikes were part of the 2012 Biggert - Waters law, which had set
out to gradually phase
out flood insurance subsidies in an effort to shore up finances for the National Flood Insurance Program, which stands
about $ 24 billion in debt, mainly due to catastrophic storms like Hurricane Katrina in 2005.