Breaking News Instant updates and real-time market news.

10:50
11/22/16
11/22
10:50
11/22/16
10:50

Fed Policy Outlook: a 25 bp Fed rate hike on December 14 is a done deal

Fed Policy Outlook: a 25 bp Fed rate hike on December 14 is a done deal unless there is some market catastrophe. So now it's the trajectory of normalization that will be important for the markets. The FOMC has stressed gradualism, and that's likely to be the case for 2017, with the rate of inflation likely to be the trigger for a faster or slower clip. Two rate hikes next year seem probable since it may take some time before the economy kicks into gear and price pressures emerge. Additionally, the voting line up is less hawkish than the current group, with Evans, Kashkari, Harker, and Kaplan taking over for George, Mester, Bullard and Rosengren.

TODAY'S FREE FLY STORIES

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.