Rise in Interest Rates Could Be Short-Lived: CNBC Report
gvw_gv_wire
By gvwire
Published 7 years ago on
June 12, 2018

Share

The Federal Reserve meets today and Wednesday and a published report suggests that the central bank could halt the rise of interest rates earlier than expected.
Should that happen, analysts speculate, the economy’s prolonged expansion could last longer than previously forecast.
CNBC reports that while the Fed is expected to announce a quarter-point interest rate hike this week, there could be “a quicker end to the rate-hiking cycle than the market anticipates.”
“The mechanics are a little complicated,” writes CNBC’s Jeff Cox. “Yet it suggests that what once appeared to be an operation to shrink the amount of bonds the Fed owns that would have run well into the next decade could be wrapped up next year, or early 2020 at the latest.

DON'T MISS

23 for ’23: A Year in Photos

DON'T MISS

See How this Fresno roastery sends aid to Northern Thailand.

DON'T MISS

District Says Fresno Teachers Contract Proposal Would Bankrupt Budget Reserves by Year 3

DON'T MISS

Trump Vows to Ban Gaza Refugees, Expand Muslim Travel Ban If He Wins

DON'T MISS

The Supreme Court Orders Makers of Gun Parts to Comply with Rules on Ghost Guns

DON'T MISS

George W. Bush for Speaker? A Democratic Lawmaker Thinks It’s Possible

DON'T MISS

Former Navy IT Manager Gets Five Years for Hacking, ID Theft

DON'T MISS

Gunman Kills Two Swedes in Brussels, Prompting Terror Alert and Halt of Belgium-Sweden Soccer Match

DON'T MISS

Zakaria: The Best Response to Hamas Would Be to Keep the Saudi Deal Alive

DON'T MISS

Groundbreaking Human Brain Atlas Offers New Hope for Treating Neurological Disorders

UP NEXT

District to Fresno Teachers: Read Our Proposal Before Taking Strike Vote

UP NEXT

State Department Memo Warns US Diplomats: No Gaza ‘De-Escalation’ Talk

UP NEXT

George W. Bush for Speaker? A Democratic Lawmaker Thinks It’s Possible

UP NEXT

Jim Jordan’s Rapid Rise Cheered by Trump and Far Right. Could It Make Him Speaker?

UP NEXT

What Does Destroying Gaza Solve?

UP NEXT

Trump Vows to Ban Gaza Refugees, Expand Muslim Travel Ban If He Wins

UP NEXT

The Supreme Court Orders Makers of Gun Parts to Comply with Rules on Ghost Guns

UP NEXT

Zakaria: The Best Response to Hamas Would Be to Keep the Saudi Deal Alive

UP NEXT

Oprah Winfrey Proposed 2020 Presidential Run with Mitt Romney, New Book Reveals

UP NEXT

Trump Has Narrow Gag Order Imposed on Him by Federal Judge Overseeing 2020 Election Case

You May like

Trump Vows to Ban Gaza Refugees, Expand Muslim Travel Ban If He Wins

1 year ago

The Supreme Court Orders Makers of Gun Parts to Comply with Rules on Ghost Guns

1 year ago

George W. Bush for Speaker? A Democratic Lawmaker Thinks It’s Possible

1 year ago

Former Navy IT Manager Gets Five Years for Hacking, ID Theft

1 year ago

Gunman Kills Two Swedes in Brussels, Prompting Terror Alert and Halt of Belgium-Sweden Soccer Match

1 year ago

Zakaria: The Best Response to Hamas Would Be to Keep the Saudi Deal Alive

1 year ago

Groundbreaking Human Brain Atlas Offers New Hope for Treating Neurological Disorders

1 year ago

Newsom Signs Law to Slowly Raise Healthcare Minimum Wage to $25

1 year ago

Former Fresno CC Coach Ed Madec Arrested for Allegedly Threatening to Kill Chancellor

1 year ago

Jim Jordan’s Rapid Rise Cheered by Trump and Far Right. Could It Make Him Speaker?

1 year ago

HOT OFF THE PRESS

23 for ’23: A Year in Photos

1 year ago

1 year ago

Trump Vows to Ban Gaza Refugees, Expand Muslim Travel Ban If He Wins

1 year ago

The Supreme Court Orders Makers of Gun Parts to Comply with Rules on Ghost Guns

Photo of a hacker typing on a laptop

1 year ago

Former Navy IT Manager Gets Five Years for Hacking, ID Theft

1 year ago

Gunman Kills Two Swedes in Brussels, Prompting Terror Alert and Halt of Belgium-Sweden Soccer Match