Wednesday, 2 November 2016

Interest Rate Rise Shelved until December

Interest rates will rise, but not until December at the earliest, the Federal Reserve announced Wednesday, confirming a long-held view that the Fed would not raise rates ahead of the presidential election. The benchmark interest rate determines the movement of mortgage rates, which currently linger around 3.5 percent. “The Committee judges that the case for […]

from
http://rismedia.com/2016/11/02/interest-rate-rise-shelved-until-december/

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