Sentences with phrase «indicating more rate hikes»
The U.S. Federal Reserve recently announced a rate hike of 0.25 %, while indicating more rate hikes are likely in 2017.
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Meanwhile, traders are also likely to be focused on rising interest rates, especially after the U.S. Federal Reserve indicated last week that one more rate hike was likely before the end of the year.
Plus, the Federal Reserve has raised short term rates three times this year and indicated recently it would hike three more times next year.
The Fed has indicated that three more quarter - point rate hikes are in store for 2018, but some analysts believe there could be more.
Many analysts expect more rate hikes in 2018, and the Fed indicated at its December meeting that new tax reform legislation could speed up the pace.
The Fed voted to raise the key rate on Wednesday, indicating there would be at least two more hikes before year - end.