The Fed will raise rates in December. Now there is also unanimity – The Messenger

The close of the Federal Reserve approaches. And ‘increasingly likely a rise in interest rates in mid-December, when it will hold the next meeting of the FOMC on 15 and 16 just before Christmas. The US central bank, now, he bunched his bankers, who have found a unity of views, reconciling “doves” and “hawks”, nicknames which indicate who is in favor of expansionary measures and who favors a policy of rigor .

And ‘what emerges from the minutes of the last meeting in late October of the Monetary Policy Committee of the Fed, published last night, which confirmed a unanimous opinion of its members compared to an increase in interest rates before the end of ‘year. In fact, recent data on the labor market, as well as those on inflation have virtually revitalized group of traders betting on an increase in borrowing costs, subject to a range of 0-0.25% since December 2008, which would be the first increase by far in 2006, before the outbreak of the financial crisis.

Unanimously, the members of the FOMC have put on record that the decision “conditions can be achieved by the next meeting,” given that the risks to the economy have been reduced, in spite of the prolongation of the international crisis and the difficulties of emerging economies, where the risks are judged “more balanced”.
 

 Thursday, November 19, 2015, 9:00

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