Tag: Interest rates

The World This Week: End of an Era as the Fed Raises Rates

The World This Week: End of an Era as the Fed Raises Rates

The Fed’s historic decision to raise rates will benefit savers, strengthen the dollar and increase volatility, as well as possibly reduce asset prices and inequality. On December 16, the Federal Open Market Committee of the US Federal Reserve (Fed) “decided to raise the target range for the...

How the US Interest Rate Might Affect You

How the US Interest Rate Might Affect You

With all the talk of an imminent interest rate hike, there are likely to be winners and losers.   With the economy steadily improving and unemployment rates continuing to drop, the US Federal Reserve (Fed) is expected to raise interest rates for the first time since 2006. Fed Chair Janet...

Why Are Interest Rates So Low?

Why Are Interest Rates So Low?

A lack of consensus on a policy prescription keeps interest rates lower for longer. The global economic environment of recent memory has been unusual to say the least. Persistently low and even negative interest rates have failed to spark an adequate revival in economic fortunes as growth...

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