Fed hikes interest rates

Fed hikes interest rates 

The Federal Reserve approved its second rate hike of 2017 even amid expectations that inflation is running well below the central bank’s target.As financial markets had anticipated, the policy making Federal Open Market Committee increased its benchmark target a quarter point. The new range will be 1 percent to 1.25 percent for a rate that currently is 0.91 percent.

Information provided by CNBC 

Fed hikes interest rates. If you would like to purchase a home before rates go up again please call The Dyron Taylor Group at 512-531-2922