Fed increases interest rate by 25 basis points and expects 3 more hikes in 2017: Dollar rises to 13 year high

摘要

Along with the Federal Reserve's decision to raise interest rates by 25 basis points on 14th December came a number of changes to the central bank's forecasts for the future. The Fed pushed up their expectations for economic growth, dropped their outlook for the unemployment rate ever so slightly, and increased their expected number of rate hikes in 2017 to three from two.