Fed Rate Hikes: One More Time?

The Federal Reserve is widely expected to hike its benchmark interest rate to a range of 5% to 5.25%, a fresh high since 2006. After that, the rate outlook is cloudier.(To see a specific data point, tap or hover over that area of the chart.)

The Fed switched to a target range from a target point for the fed funds rate in December 2008.
Chart: Diccon Hyatt / Investopedia Source: Federal Reserve
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