As The Fed Climbs Out Of The Interest Rate Crevasse, O&G Implications Are Mixed

The Fed raised interest rates for the second time in a decade on Wednesday. The Federal Open Market Committee raised its target range by a quarter point to 0.5% – 0.75%. The committee also expects to make three rate hikes in 2017, two or three in 2018 and three in 2019. The days of loose monetary policy are numbered. In this update, we discuss the mixed implications for O&G.

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