The Fed raised interest rates 0.25%, the second hike this year

The Federal Reserve increased its short-term interest rate from 1.75 percent to 2 percent Wednesday, the second rate hike to take place this year. In a press release, the central bank said the rise is due to a robust labor market and solid economic act…

Are rate hikes the Federal Reserve’s new normal?

Interest rates moved hardly at all this week, waiting for the big load of new economic data next week — the first week of each month always brings the most important stuff …

Post-election financial fever has cooled — but it will return

The post-election financial fever has cooled for the moment, rates sliding slightly. Trading in markets since the election cannot be traced to changes in the economy; all have been reactions to prospective changes in policy …

Why you should expect a rate hike when the Fed meets in June

Long-term rates improved slightly this week, if anything, but the Fed calculus is changing fast toward rate hikes — more and sooner than markets are priced for, and perhaps closer to the Fed’s “damned dots” than any of us have thought …