Economic News To Watch This Week
Welcome back. Last week I took this blog offline due to some tasks that I needed to perform. I am back with our weekly economic news. This is the Feds (Federal Reserve) week, they are expected to hike their Interest Rates by 25 basis points. This hike will be the first one from the new Fed Chair Jerome Powell who recently succeeded Janet Yellen. Powell is said to be more hawkish that expected. In his previous meeting, he hinted that there will be 4 rate hikes in 2018. On the 21st of March the FOMC is meeting for the second time in 2018. Their first meeting was on the 31st of January. Get the FOMC 2018 schedule HERE.
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