CNBC: FED MAY HIKE RATES IN MARCH

After raising interest rates just twice in 10 years, the Federal Reserve is suddenly in a hurry to get moving on its next rate hike.

In what looks to be an early spring migration, Fed officials have turned very hawkish overnight, warning a rate hike is likely in mid-March, while Wall Street had been expecting a June hike. Fed Chair Janet Yellen is likely to send that message when she speaks Friday at 1 p.m. ET at the Executives’ Club of Chicago, and similar comments are expected from Fed Vice Chair Stanley Fischer at noon.

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Three reasons the Fed wants to hike rates in March – http://www.cnbc.com/2017/03/02/three-reasons-the-fed-wants-to-hike-rates-in-march.html

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