Fed Hikes Rates for First Time Since 2006 - USD on Hold
- Federal Reserve raises rates for first time since June 2006.
- Fed 'dot plot' continues to see same 2016 year-end rate as in September 2015.
- Fed funds continue to only price in two rate hikes in 2016 www.chrismarkblogspot.com.ngetnaija.

In what was perhaps the most telegraphed policy change of the past decade, the Federal Reserve raised rates for the first time since 2006. Yet in what we considered to be a "dovish hike" (an oxymoron), the Fed chose to maintain its expected glide path of its future policy rates (the median 2016 year-end rate was unchanged)....www.chrismarkblogspot.com.ngetnaija.