Markets expect at least two
more rate hikes before the year ends.
«It's going to take a couple
more rate hikes before we see broad - based increases.»
Not exact matches
More from Personal Finance: How the Fed
rate hike will affect your finances Make these 5 moves now
before new tax law kicks in How to get your taxes done for free
The Fed has
hiked its benchmark
rate four times since December 2015 and was on target for one
more before year's end.
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.
Wait for things to look better
before any
more rate hikes.
Sarhan agreed with Kinahan that the Fed would ideally like to see
more consumer spending
before raising
rates, but he also called attention to the housing market; citing mortgage
rate hikes on Wednesday, Sarhan told Benzinga that real estate was the «biggest missing piece.»
It's no wonder that refinances become
more popular when news of an interest
rate hike breaks, as homeowners attempt to lock in lower
rates for their mortgages
before they start climbing higher.
The Federal Reserve needs to
hike interest
rates much
more before this bull market can end.
By paying off
more of the principal of your student loans
before the
rate hike starts affecting you, you'll pay less interest overall.
Before the financial year ended, a confluence of factors led the Federal Reserve to
hike the federal funds target
rate twice
more; once in its December meeting and again in the March meeting, causing the US dollar to rally into the new year.
A recent Ipsos poll from MNP Ltd. shows
more Canadians are worried about meeting their financial obligations, and this was even
before the most recent interest
rate hike.
Before you plead «guilty» or go to court and risk a guilty verdict, talk with your provider about a possible
hike in
rates; if you're facing an increase, it's time to compare insurance quotes online for a
more affordable
rate.
The Fed voted to raise the key
rate on Wednesday, indicating there would be at least two
more hikes before year - end.