Federal Reserve Ends 2018 with Fourth Rate Hike
December 19, 2018 at 14:01 PM EST
As widely expected by the capital markets, the Federal Reserve raised interest rates by 25 basis points on Wednesday to make it a fourth and final rate hike for 2018. Ahead of the rate decision, the CME Group’s FedWatch Tool was calculating a 73.2 percent probably of an interest rate hike of...