Expect Interest Rates to Increase Through 2020

Sam Chandan

Interest rates are likely going to rise another four to five times through early 2020 as the Federal Reserve reaches its targets, according to Sam Chandan of Chandan Economics. The good news: the Fed’s plan to tighten monetary policy is at its halfway point and we can expect continued caution from the Fed as they slowly increase rates.

“My expectation is that we will see another rate increase at the December meeting and a series of rate increases in 2019 and early 2020 after which time the Fed will have reached its targets,” Chandan, the founder of Chandan Economics, a Dean at NYU SPSSchack Institute of Real Estate and a partner at CapriCapital, tells GlobeSt.com. “We are past the halfway point in terms of the Fed tightening its monetary policy in the United States. Between now and 2020, including December 2018, we expect to see four or five more rate increases.”