United States Fed Interest Rate Decision meets forecasts (2%)

Jun 13, 2018

FOMC raises the target for Fed funds rate by 25bp to 1.75-2.00%

Following its 2-day meeting, the Federal Open Market Committee announced that it would hike the benchmark interest rate by 25 basis points to the targ

FOMC: Median forecast of Fed policymakers is for a total of four rate hikes in 2018

Below is the key takeaways from the FOMC's updated economic projections. Median view of appropriate federal funds rate at end-2018 2.375 pct (prev