Director / Editor: Victor Teboul, Ph.D.

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Are US Central Bank Officials Signaling Imminent Rate Hike?

Members of the U.S. Federal Reserve may be bracing financial markets for a possible rate hike, and the indications are it could happen soon. The Fed’s benchmark rate, or the rate it charges banks on short-term loans, has been near record lows since the end of the financial crisis. With the U.S. economy showing signs of improvement, though, the odds of a rate hike — the first since December of last year — are rising. More Americans have been working or looking for work, and...

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