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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