The answer to the question of when is the next interest rate hike may be answered through the U.S. Federal Reserve’s plans.
Due to inflation still on a hike, interest rates may also go higher for the month of September. (Photo: Investopedia)
When Is The Next Interest Rate Hike?
The question about when is the next interest rate hike may be asked very often among those who wish to invest money. Recently, the U.S. Federal Reserve answered the question of when is the next interest rate hike.
The answer to the question of when is the next interest rate hike is the month of September. The U.S. Federal Reserve is planning to raise rates of interest as inflation is still high, such reason also further answers the question of when is the next interest rate hike.
A tight job market is also a reason for the said answer to the questions about when is the next interest rate hike. The question of when is the next interest rate hike can also be answered when key economic data arrives, such data is being waited by many traders.
According to a published article by CoinGape, last month’s level of inflation is expected to also happen this September and this may answer the when is the next interest rate hike question. If it does happen, the next interest rate hike may be far from now.
A Broken 5-Month Win Streak
In a published article by Yahoo Finance, the last day of trading for the month of August ended with mixed emotions. The Monthly performances of the averages were all suffering which is a new record since it also had a bad performance last November.
