Market rates have moved higher and the yield on the ten-year is holding above 3%

As widely expected, the Fed raised the target rate for Fed Funds by 25 basis points at their September FOMC meeting. They also released the latest economic, inflation and monetary policy guidance for the next three years. The guidance for monetary policy remains unchanged from prior releases. This guidance calls for one more rate increase this year, three increases in 2019 and one increase for 2020.

ProBank Austin Advisor - October 1, 2018