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Fed Raises Interest Rates And Sounds A Bit More Hawkish About Next Year

TedTed
in Off-Topic
FYI: The Federal Reserve on Wednesday raised interest rates for the first time in a year and signaled a slightly more aggressive stance of policy. As expected, the U.S. central bank raised its key short-term rate to a range of 0.5%-0.75% from 0.25% to 0.5%.
Regards,
Ted
http://www.marketwatch.com/story/fed-raises-interest-rates-and-sounds-a-bit-more-hawkish-about-next-year-2016-12-14/print

Comments

  • Sven
    Most likely there will be several 25 basis point raises next year.
  • Old_JoeOld_Joe
    Yes, and well overdue, also. The timing was excellent: she realized that the negative market reaction would be greatly blunted by the current joyfulness of our descent into fascism.
  • Sven
    current joyfulness of our descent into fascism
    So true... when will the mass wake up to the fact that materially the market have not improved (earning)?
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