Hike! Hike! Hike! States Fed Chairman Janet Yellen
No Fed Chairman is not playing in the NFL these days, but she did raise interest rates by a .25 points today stated squarely that 3 hikes would be “gradual” and may be in order this year! Could we be heading towards a more normal interest rate environment? It would seem that at least we are getting a bit closer this year if you believe the Fed’s latest direction. Stay tuned in…
The Dow30 closed up .54% on the day!
Fintech firm Cachet Financial Solutions (Nasdaq: CAFN) closed up 2.65% today!