STAFF NEWS & ANALYSIS
Fed May Raise Rates By 50 Basis Points in March or It Could Do Something Far More Dramatic
By Daily Bell Staff – February 18, 2017
The Fed Should Raise Rates Next Month … Inflation in the U.S. rose in the year that ended in January by 2.5 percent — faster than expected, and well above the Fed’s target of 2 percent. It was the latest sign that the economy needs a rise in interest rates when the Federal Reserve’s policy-making committee meets next month.
Earlier this year it looked as if rate hikes were being postponed again, at least until summer months. But now, thanks in particular to various derivative trades, we can see rates hikes could come sooner rather than later, perhaps as soon as next month.
The central bank has indicated a good deal of patience with rate hikes,