Skip to main content

FOMC signals hawkish outlook as it hikes

Yellen says fiscal stimulus “not obviously needed”

Federal Reserve chair Janet Yellen
Janet Yellen: past year has seen "solid progress"

The Federal Open Market Committee (FOMC) hiked the federal funds rate today (December 14), only the second such move since rates hit rock bottom after the 2008 crisis.

After a year of many delays - when it hiked almost exactly a year ago, the Fed's median projections implied rates would hit 1.4% in 2016 - the FOMC once again voted to raise the policy rate 25 basis points, in a unanimous decision. The target range for the federal funds rate is now 0.5-0.75%.

At a press conference, Fed chair Janet

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Iniciar sesión
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.