US Fed hike: When a 'tiny' move matters
US Federal Reserve chairwoman Janet Yellen was at pains to underplay the revision as “tiny.”
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Infrastructure
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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