Inside the Fed’s December Meeting: The Annotated Minutes

The rate hike that everyone expected to happen happened. Today we get to learn more about why it did and what's next, with the release of the minutes of the Fed's Dec. 13-14 meeting.

December's dot plot pointed to three interest rate increases in 2017 should the economic outlook match estimates by officials of the U.S. Federal Reserve, and raised their estimate of the long-run neutral rate by 12.5 basis points to 3 percent, the first upgrade in the short history of these projections.