But that is the past. Going forward, the every-other-meeting hiking routine is over. While the Fed is still projecting 3 more interest rates hikes in 2019 (down from 4 at the September meeting), they are unlikely to meet this target. Instead, a long pause awaits us.
Why? 6 Reasons…..
The Federal Reserve hiked interest rates for the 9th time this month, bringing the Fed Funds Rate up to a range of 2.25% – 2.50%.
The move should have surprised no one, as the bond market was pricing it in for some time. Over the past 3 years, at every FOMC meeting where the market expected a Fed hike (9 meetings), they got one.
https://pensionpartners.com/the-long-pause/
Why? 6 Reasons…..
The Federal Reserve hiked interest rates for the 9th time this month, bringing the Fed Funds Rate up to a range of 2.25% – 2.50%.
The move should have surprised no one, as the bond market was pricing it in for some time. Over the past 3 years, at every FOMC meeting where the market expected a Fed hike (9 meetings), they got one.
https://pensionpartners.com/the-long-pause/
