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Two More Fed Rate Hikes Likely in 2017
Posted: MinervaDoe @ Sun May 07, 2017 8:53 pm
Two More Fed Rate Hikes Likely in 2017

We think the yield on the 10-year Treasury note will hit 3% by the end of 2017, up from 2.5% currently.

the FOMC expects three quarter-point increases in 2018 and three more in 2019, bringing the federal funds rate to 3%, the Fedís preferred level.

If Trump gets the tax cuts and spending increases he wants, then rates might move up faster in anticipation of higher inflation.

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