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Interest Rates

Forget the Fed’s First Rate Hike and Look at the Bigger Picture

By Elliott H. Gue on Nov. 3, 2015
The Federal Open Market Committee's October statement put the option of a potential rate hike back on the table for December. Although six years of extraordinarily accommodative monetary policy makes the Federal Reserve's first interest rate hike in nine years a big deal, all signs point to this tightening cycle occurring gradually and in a halting fashion. Investors shouldn't overlook this reality.