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The Fed: Making Good on its Goal of Normalizing Rates

Perspectives» |

June 16, 2017

For the second time this year, the Fed has announced a 0.25% rate increase. FOMC members held firm to their projections for one additional rate increase in 2017, and three hikes in 2018. We believe the Fed is making good on its goal to normalize rates and reduce potential for asset bubbles, as well as its mandates to foster full employment and maintain price stability.

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