The Fed may lift rates sooner than you think

A recovering labour market should see the US economy finish the year on a stronger note. And with inflation also tracking higher, the Fed may have reason to lift rates earlier than expected.

The Federal Reserve continues to wind down its asset purchases amid continued signs of recovery, and a move on rates could occur by early next year. The US economy rebounded somewhat during the June quarter, more than offsetting a poor first-quarter result, and with the labour market continuing to improve the outlook is bright for the second half of the year.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles