The Federal Reserve has not been raising rates since late 2014.
In fact, the central bank’s rate hike last month did not have a major impact on the economy.
But it was a major surprise to many.
It was the first time in six years that the central banks rate was set to be increased.
The news surprised many because it was expected that the Fed would raise rates as it tried to unwind its massive bond-buying program, which has fueled a financial crisis and is set to end in December.
But there was no expectation that the next move would be to raise rates.
The Federal Open Market Committee, the agency that sets the Fed’s target interest rate, had been working on a rate increase for months and the committee has been trying to raise the central bankers rate every few months.
However, the committee’s focus has shifted to trying to stabilize the economy and the economy has not looked as strong as it once did.
While the Fed is expected to raise its benchmark interest rate in January, the decision is likely to be influenced by the Fed chair, Janet Yellen, who has been criticized for making the last interest rate increase in 2014 too late and the U.S. economy is expected at a record low in 2018.
But the committee said it will likely make a decision on its rate hike in March.
The economy has grown more slowly than in recent years and the unemployment rate has dropped below the historic low that was reached in March 2015.
The unemployment rate for March was 7.6 percent, down from a peak of 12.3 percent in January 2017.
The U.s. unemployment rate is forecast to rise to 7.8 percent this year.
The rate hike will be closely watched by markets and the central banking community, including Fed officials, because the Fed will be the first major central bank to increase its benchmark rate.
It has a strong history of raising its target interest rates, but the Federal Open Markets Committee did not hike its target rate in February because of an economic slowdown.
However it is expected that a significant number of the central-bank governors will also increase their benchmark rates this year, as they did in 2016, when they did not raise their target rates.
Yellen has been one of the most outspoken Fed officials on the issue of monetary policy.
She has said that her goal is to raise unemployment to 8 percent by the end of this year and that her plan to increase the federal funds rate to zero by the middle of 2019.
Federal Reserve officials are also expected to consider whether to raise their benchmark rate as soon as this summer, as the Fed has done since late 2017.
Some analysts say that a rate hike could happen in March or April.
However the Federal Housing Finance Agency and the Federal Communications Commission have signaled that they would not be ready to raise federal funds rates as soon.
The Fed will also probably consider whether it will hike its benchmark rates in the next year or two.