Allen Brothers Houston Real Estate

Interest Rate increase

September 15th, 2016 9:06 PM by AllenBrothers Realtors

Interest rates poised to rise given the economic indicators now...only matter of time...see article below from the Perryman group.

Posted in:Economy and tagged: interest rate increase
Posted by AllenBrothers Realtors on September 15th, 2016 9:06 PM

Divided Fed signals rate hike likely by year-end The Federal Reserve has voted 7-3 to leave interest rates unchanged, but growing support for an increase suggests one will come before year-end. "The committee judges that the case for an increase in the federal funds rate has strengthened but decided, for the time being, to wait for further evidence of continued progress toward its objectives," according to the Federal Open Market Committee.
Posted by David P Bryan on September 22nd, 2016 12:46 PM


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