US Fed hike: When a 'tiny' move matters
US Federal Reserve chairwoman Janet Yellen was at pains to underplay the revision as “tiny.”
As widely anticipated, the US Federal Reserve lifted the US Fed Funds Rate by 25 basis points this morning, to a new target range of 0.50% to 0.75%. This is the first and only move in the US Fed Funds Rate in 2016, following the last move in December 2015.
The main news in today’s decision was
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Christian Hawkesby
Thu, 15 Dec 2016
Thu, 15 Dec 2016
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US Fed hike: When a 'tiny' move matters
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