Goldman Sachs Chief Economist on the Future of Fed Rate-Hikes

Goldman Sachs Chief Economist on the Future of Fed Rate-Hikes

Gold Silver Reports (GSR) – CNBC’s Steve Liesman reports on the Federal Reserve’s decision to raise rates by 25 basis points.

The move pushes the funds rate target to 1.75 percent to 2 percent. The rate is closely tied to consumer debt, particularly credit cards, home equity lines of credit and other adjustable-rate instruments.

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Powell Lauds Economy as Fed Nudges Up Interest-Rate Hike Path

Gold Silver Reports (GSR) – Powell Lauds Economy as Fed Nudges Up Interest-Rate Hike Path — Federal Reserve officials raised interest rates for the second time this year and upgraded their forecast to four total increases in 2018, as unemployment falls and inflation overshoots their target faster than previously projected.

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