• Stocks slide after the Fed hikes rates

    5 monthes ago - By Business Insider

    Stocks slid Wednesday after the Federal Reserve hiked its benchmark short-term interest rate by a quarter percentage point to a range between 1.75% and 2%. Treasury yields and the dollar rose following the Fed's announcement.
    Here's the scoreboard:
    Dow Jones industrial average : 25,203.75 −116.98
    S&P 500 : 2,779.41 −7.44
    The Federal Reserve raised its target range for the federal funds rate by 25 basis points to 1.75% to 2% and signaled two more hikes are coming this year. US Treasury yields surged following the rate announcement.
    The 2-10-year spread narrowed to its tightest point since...
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  • Fed hikes interest rates again, raises outlook for more increases in 2018

    Fed hikes interest rates again, raises outlook for more increases in 2018

    5 monthes ago - By The Real Deal New York

    The Federal Reserve announced it will raise interest rates a quarter percentage point on Wednesday, and signaled that it could raise interest rates at least twice more this year. Most Federal Reserve officials now expect at least four rate increases this year, up from a previous projection in March of three rate increases, according to the Wall Street Journal. Most officials also expect the Fed will have to raise rates at least three times in...
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  • Treasury yields jump after the Fed hikes, signals 2 more increases this year

    Treasury yields jump after the Fed hikes, signals 2 more increases this year

    5 monthes ago - By Business Insider

    The Federal Reserve raised its key rate by 25 basis points and signaled two more rate hikes this year.
    Treasury yields rose following the rate announcement.
    Follow Treasury yields in real time here.
    US Treasury yields rose after the Federal Reserve raised its key rate and signaled two more hikes this year, a greater amount than previously expected.
    The Federal Open Market Committee voted to lift the target range for the federal funds rate by 25 basis points to between 1.75% and 2%. Total rate hikes projected for 2018 is up to four from three previously.
    Treasury yields, which move opposite...
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