EFTA Document EFTA01459042

As a result, the Fed is widely expected to raise rates for the first time since 2006 at its 16 December meeting Everyone expects a Fed hike in December 1 Fed officials "When the Committee begins to normalize the stance of policy...it is a day that I expect we all are looking forward to." Janet Yellen, Fed Chair, 3 December, "Assuming that we continue to get good data on the economy... there's a strong case to be made in December to raise rates." John Wilkams, San Francisco Fed President