The Fed hiked rates Wednesday to a range of 1/2 to 3/4 percent, as widely expected.
The Wall Street Journal reports: Fed Raises Rates for First Time in 2016, Anticipates 3 Increases in 2017.
There is nothing to that effect in the FOMC Press Release.
However, the Fed’s internal “Dot Plot” survey shows Fed members believe three more hikes are coming in 2017.
I will believe three rate hikes when I see them.