December 16, 2015

Finally! Fed raises interest rates



America's first interest rate hike in nearly a decade is here. The Federal Reserve raised its key interest rate on Wednesday from a range of 0% to 0.25% to a range of 0.25% to 0.5%.

The rate hike is a small one, but it will affect millions of Americans, including investors, home buyers and savers. Read more.

CNN

Related,
Fed Raises Key Interest Rate for First Time in Almost a Decade (video) - NY Times
Federal Reserve hikes interest rates seven years after financial crisis – business live - Guardian

How the Fed’s interest rate hike could hit your wallet (video) - Washington Post
US interest rates will rise – and hit 3.5pc by the end of 2017 - Telegraph

- Corporate America has quietly DOUBLED its debt levels since 2008 - Business Insider

Global Debt Now $200 Trillion! - Zero Hedge
World record debt of $199trn could drag economies into another crisis - study - RT

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