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Federal Reserve Building

With inflation still muted, officials said in December that the central bank could afford to be "patient''

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Central bank says more rate hikes will be necessary 'over time'

Federal Reserve Building

Updated forecast projects two hikes in 2019, down from three

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None of the banks expect a January hike, but that's where consensus ends

  • By: Staff
  • December 10, 2018 December 10, 2018
  • 15:51
Red maple leaf isolated white background.

Central bank announcement takes a dovish tone

Federal Reserve Building

Some economists say three rate increases for next year are beginning to look less certain

flying

The bank is researching alternative frameworks including a higher target for inflation

Federal reserve building, Washington DC. USA.

Next hike expected in December

Extreme Closeup of New Polymer Twenty Dollar Bills

Projections for economic growth and inflation mean interest rates will continue to move higher

Miniature house on white background

As banks raise their prime rates, mortgage rates will likewise rise

  • By: Staff
  • October 25, 2018 October 25, 2018
  • 13:53