Fed Leaves Rates Steady In Yellen's Last Meeting As Chair

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Includes: BIL, DFVL, DFVS, DLBL-OLD, DLBS, DTUL, DTUS, DTYL, DTYS, EDV, EGF, FIBR, FTT, GBIL, GOVT, GSY, HYDD, IEF, IEI, ITE, PLW, PST, RISE, SCHO, SCHR, SHV, SHY, TAPR, TBF, TBT, TBX, TLH, TLT, TMF, TMV, TTT, TUZ, TYBS, TYD, TYNS, TYO, UBT, UST, VGIT, VGLT, VGSH, VUSTX, ZROZ
by: TD Wealth
Summary

What stood out in the January Fed statement?

Is a March rate hike still in play?

How many rate hikes are expected in 2018?

The U.S. Federal Reserve stood pat on rates at the last meeting for Fed Chair Janet Yellen. The economy was seen as having posted "gains" in employment, spending and business investment. Michael Dolega, Senior Economist, TD Bank, talks to Sara D'Elia about how the Fed's view changed since the last meeting and how many rate hikes we could see in 2018. The TD Economics report is available here.