Home / Business / Denver’s Leading Local News said : How the fed rate hike will affect you

Denver’s Leading Local News said : How the fed rate hike will affect you

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Many economists now say that barring an unexpectedly disastrous monthly jobs report next Friday, a Fed rate increase this month appears certain.
So what does that mean for you if you’re looking to buy or refinance your home?
Mortgage Analyst Tim Beyers with American Financing says the rate hike could happen at any time.
Beyers says if you rush into a decision such as buying a home, you’re likely to regret it.
KUSA – Federal Reserve Chair Janet Yellen said Friday the Fed will likely resume raising interest rates later this March to reflect a strengthening job market.

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Here’s how US rate hike could impact India, emerging markets

Here's how US rate hike could impact India, emerging markets*/

Some are also predicting three rate hikes this year while we believe that the probability of third rate hike is 50 per cent.”
Impact on gold pricesExperts say gold prices have also already factored in a hike in Fed rates.
Dynamic bond funds have the flexibility to change the average maturity of the portfolio as per the interest rate scenario.
Currently, US inflation is close to the target of 2 per cent and the unemployment rate is below 5 per cent and it could explain the huge support for a rate hike in March.
We expect that rate hike is more likely to happen in the upcoming policy of US Fed.”

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Fed's Yellen gives a strong signal that an interest rate hike is coming*/

At the Fed’s latest meeting Jan. 31-Feb. 1, officials said another small rate hike could come “fairly soon,” according to minutes released last week.
After Yellen’s speech Friday, investors indicated there was about an 80% chance of a 0.25-percentage-point rate increase at the Fed’s next meeting, according to the CME Group futures exchange.
An improving economy highlighted by solid job growth is spurring Federal Reserve officials to strongly signal that they’ll nudge up a key interest rate again this month.
The Fed raised the rate by 0.25 percentage point in December to a target of between 0.5% and 0.75%, the first hike in a year.
A hike would be the first of three 0.25-percentage-point increases the Fed has indicated it plans to make this year.

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