Interest rates are likely going to rise another four to fivetimes through early 2020 as the Federal Reserve reaches itstargets, according to Sam Chandan ofChandan Economics. The good news: the Fed'splan to tighten monetary policy is at its halfway point and we canexpect continued caution from the Fed as they slowly increaserates.

“My expectation is that we will see another rate increase at theDecember meeting and a series of rate increases in 2019 and early2020 after which time the Fed will have reached its targets,”Chandan, the founder of Chandan Economics, a Dean atNYU SPSSchack Institute of Real Estateand a partner at CapriCapital, tellsGlobeSt.com. “We are past the halfway point in terms of the Fedtightening its monetary policy in the United States. Between nowand 2020, including December 2018, we expect to see four or fivemore rate increases.”