Fund Spy

What History Tells Us About the Impact of a Fed Rate Hike

Eric Jacobson

With the presidential election dominating the news, speculation about the possibility of a near-term Federal Reserve interest-rate hike has faded into the background. That's not entirely surprising given that expectations after the last Federal Open Market Committee meeting--at which rates were left unchanged--were that the Fed would likely not move until at least Dec. 14, if it were to move at all.