Intermediate and long-term market rates have begun to move up as the Fed meets

The Fed meets this week with a strong consensus forecast of another increase in managed rates. The FOMC is expected to raise the target rate for Fed Funds by 25 basis points to 2.0-2.25% on Wednesday. This is a meeting which will have a press conference following the announcement and the Fed will issue its updated economic forecast .

 

ProBank Austin Advisor - September 24, 2018