No One Has a Clue What Fed Rate Will Be

In February, Federal Reserve Chair Janet Yellen told a Senate Finance Committee the economy was moving forward, and we could see a rate rise later in the year.

Well, it’s later in the year and the Fed is meeting this Wednesday and Thursday, with a press conference afterward.

That means all the planets are aligned for it to raise rates, but Wall Street — with just 38 percent betting a hike will happen — is still flipping a coin to figure out: Will she or won’t she?

Read Full Article »
Comment
Show commentsHide Comments

Related Articles

Market Overview
Search Stock Quotes
Partner Videos