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Stock Market 2016
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<blockquote data-quote="chakalaka" data-source="post: 901276" data-attributes="member: 11354"><p>Fed raises rates, sees faster pace of increases in 2017</p><p></p><p><a href="http://www.reuters.com/article/us-usa-fed-idUSKBN1430G4" target="_blank">http://www.reuters.com/article/us-usa-fed-idUSKBN1430G4</a></p><p></p><p>"The rate increase, regarded as a virtual certainty by financial markets in the wake of a string of generally strong economic reports, raised the target federal funds rate 25 basis points to between 0.50 percent and 0.75 percent.</p><p></p><p>More significant was a fresh batch of Fed policymaker forecasts that indicated the current once-a-year pace of rate increases will accelerate next year."</p></blockquote><p></p>
[QUOTE="chakalaka, post: 901276, member: 11354"] Fed raises rates, sees faster pace of increases in 2017 [URL]http://www.reuters.com/article/us-usa-fed-idUSKBN1430G4[/URL] "The rate increase, regarded as a virtual certainty by financial markets in the wake of a string of generally strong economic reports, raised the target federal funds rate 25 basis points to between 0.50 percent and 0.75 percent. More significant was a fresh batch of Fed policymaker forecasts that indicated the current once-a-year pace of rate increases will accelerate next year." [/QUOTE]
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