June 28, 2016
Another Fed Rate Hike Coming Soon?
As employment growth rises and the economy appears to be back on track, Janet Yellen, Federal Reserve Chair, continues to see interest rate hikes coming in 2016. She didn’t give any determination as to how soon these rate increases would be administered but based on the upbeat assessment of the U.S. economy it appears as though the Fed is ready to raise rates again.
For more information see the attached article, “Fed’s Yellen sees rate hikes ahead, but few hints on when” written by Jonathan Spicer and Jason Lang, Reuters.
For additional information or assistance please contact Christopher Sampson, Senior, and member of Marcum’s Financial Institutions Industry Group.
