Summer Vacation For Rate Hikes, But A September Rise In Sight

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

Summary

What was notable in the Fed statement?

How has the U.S. economic assessment changed?

How many more rate hikes are priced in for 2018?

Go back to enjoying your summer vacations - as widely expected, the U.S. Federal Reserve held rates and little changed in their statement. James Marple, Senior Economist, TD Bank, talks to Sara D'Elia about what could happen to interest rates alongside a booming U.S. economy, tight labour market and inflation at the Fed's target. The TD Economics report is available here.