Investors Believe Third Consecutive Rate Hike a Certainty

Most investors now believe that the Federal Reserve implementing its third consecutive rate hike of 75 basis points when it meets later this month is practically a certainty. After Fed Chairman Jerome Powell said that increases will continue and higher rates will likely stay in place, CNBC is reporting that the CME Group’s FedWatch Tool placed [...] The post Investors Believe Third Consecutive Rate Hike a Certainty appeared first on ETF Trends .