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September 4, 2015

What to expect from Fed on interest rates

  • Over the next year, we should see rate hikes of up to 50 basis points (0.5 percent), but one investment strategist says there is absolutely no need for panic: ‘This has been over analyzed.'
  • By STEVE ROTHWELL
    AP Business Writer

    NEW YORK — This month's Federal Reserve policy meeting could signal the end of an era.

    Policymakers may decide to raise interest rates for the first time since the Great Recession, marking the end of an era of ultra-low rates that has defined financial markets for almost seven years.


     
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