A Fed rate hike this week is likely — but what lies ahead for 2017?

Adam Allington Dec 13, 2016
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Federal Reserve Chair Janet Yellen testifies before the Joint Economic Committee of Congress on Capitol Hill in Washington, D.C. on Nov. 17. In mid-November, Yellen confirmed that a hike in federal interest rates was on its way soon. JIM WATSON/AFP/Getty Images

A Fed rate hike this week is likely — but what lies ahead for 2017?

Adam Allington Dec 13, 2016
Federal Reserve Chair Janet Yellen testifies before the Joint Economic Committee of Congress on Capitol Hill in Washington, D.C. on Nov. 17. In mid-November, Yellen confirmed that a hike in federal interest rates was on its way soon. JIM WATSON/AFP/Getty Images
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When it comes to interest rate hikes, it’s never a done deal until it’s actually done. However, it’s a near certainty that the Fed will raise rates when it meets today and tomorrow. What the interest rate outlook will be for 2017, under a Trump presidency, is far less clear.

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