The Federal Reserve hinted in December that it would raise interest rates three times in 2017, but Fed watchers are going to have to wait at least another month to see the first of those three hikes: The Fed said Wednesday that it would keep its benchmark interest rate between 0.50% and 0.75%.
The Fed Expects 'Further Strengthening' Of Labor Market But Leaves Interest Rates Unchanged
Forbes - 1 Feb 2017 21:17
The Federal Reserve hinted in December that it would raise interest rates three times in 2017, but Fed watchers are going to have to wait at least another month to see the first of those three hikes: The Fed said Wednesday that it would keep its benchmark interest rate between 0.50% and 0.75%.
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