Official FED Rate hike

by finandlife17/12/2015 09:40

An orthodox economist for unorthodox times

Reuters

Fed Raises Rates After Seven Years Near Zero, Expects ‘Gradual’ Tightening Path

Wall Street Journal

Dow rallies on heels of historic Federal Reserve interest-rate hike

 

Marketwatch

Fed Ends Zero-Rate Era; Signals 4 Quarter-Point Increases in 2016

Bloomberg 

“The Federal Open Market Committee unanimously voted to set the new target range for the federal funds rate at 0.25 percent to 0.5 percent, up from zero to 0.25 percent. Policy makers separately forecast an appropriate rate of 1.375 percent at the end of 2016, the same as September, implying four quarter-point increases in the target range next year, based on the median number from 17 officials.

Tags:

Economics

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