Breaking News                 Latest News            Usa News                 Diet News

Negotiating Tips to Get the Best Car Lease
The US economy is booming, the job market is doing well. The central bank therefore raises its interest rate again to 0.25 points to 1.75 to 2 percent.

Fed: Federal Reserve raises key interest rate

The US economy is booming, the job market is doing well. The central bank therefore raises its interest rate again to 0.25 points to 1.75 to 2 percent.

Fed: Federal Reserve raises key interest rate

The US Federal Reserve (Fed) has raised its key interest rate for second time this year. The interest rate at which banks lend each or money increases by 0.25 points to a margin of 1.75 to 2 percent, Fed shared after a meeting of its interest rate policy Committee. Last it had 2008 and thus before climax of world financial crisis a two before comma given.

In March, US Federal Reserve also increased interest rates, 2017 Federal Reserve has raised interest rates three times. She furr signalled that re could be two furr interest rate hikes in 2018. So far, a total of three interest rate steps had been discussed this year.

Since Fed began to normalise its monetary policy in wake of financial crisis, at end of 2015, interest rate level has now risen by 0.25 percentage points by seven times. The Federal Reserve is thus heading a much tighter course than European Central Bank, whose key interest rate for euro area is still at zero percent.

The central bank responds to continuing economic upturn, which was furr driven by US President Donald Trump's radical tax reform. Moreover, labour market situation is good. Despite trade dispute and rising government debt ratio, American economy is booming and unemployment rate has lasted at 3.8 percent – as low as it has been for 18 years. With eighth, costs for money that banks borrow overnight are rising first. As a result, loans to businesses and consumers tend to be more expensive.

Breaking News Headlines

Easy and Low Budget Ideas to Winterize Your Home
Easy and Low Budget Ideas to Winterize Your Home
Rising Price of Materials Means Increasing Building Costs
Rising Price of Materials Means Increasing Building Costs
Some Common Gambling Superstitions
Some Common Gambling Superstitions
Video Editing for Beginners: Things You Need to Get Started
  Video Editing for Beginners: Things You Need to Get Started
Choosing the Best Retail Franchise
Choosing the Best Retail Franchise
Benefits of Mobile Technology for Business Improvement
Benefits of Mobile Technology for Business Improvement
Promoting calls to Ryanair at a meeting following the decision to charge for climbing on board hand luggage
Promoting calls to Ryanair at a meeting following the decision to charge for climbing on board hand luggage
Macri, forced to ask for more money to the IMF to ward off the growing specter of the default
Macri, forced to ask for more money to the IMF to ward off the growing specter of the default
Utilize your online trading resources
Utilize your online trading resources
Sampdoria, Giampaolo ready to get back in the fieldx3a; quot;Right to just stop, debut egrave; joyquot;
Sampdoria, Giampaolo ready to get back in the fieldx3a; quot;Right to just stop, debut egrave; joyquot;
Napoli-Milan 3-2, Ancelotti still in recovery limelight Gattuso from 0-2 to 3-2
Napoli-Milan 3-2, Ancelotti still in recovery limelight Gattuso from 0-2 to 3-2
Juventus-Lazio 2-0: Ronaldo doesn't score but we think Totti and the French powerhouse
Juventus-Lazio 2-0: Ronaldo doesn't score but we think Totti and the French powerhouse
Pages
NEWS ARCHIVES