Federal Reserve Raise rates by .25point

"We can expect at least 2 more increases in 2018"

As the economy continues to improve in 2018, the Federal Reserve has suggested that we can expect 2 more increases in 2018.

For a full report, https://www.federalreserve.gov/newsevents/pressreleases/monetary20180613b.htm

 

Weekly Calendar from the Federal Reserve with extensive explanation on their actions.

You can follow the Federal Reserve and their calendar of future commentaries on Commercial Paper here:

https://www.federalreserve.gov/newsevents.htm

 

June 14, 2018 Current Prime Rate 5.00%