This week, the U.S. Federal Reserve kept its interest rate at a range between 1.5 to 1.75%. However, we may see an increase as soon as next month due to… Continue reading »
Tag Archives: janet yellen interest rate
U.S. Fed Hikes Interest Rate By Quarter Point; Two More Hikes Expected in 2018
As expected, the U.S. Federal Reserve raised its benchmark interest rate by 25 basis points this afternoon. This is the sixth time it raised… Continue reading »
U.S. Federal Reserve: Yellen’s Last Interest Rate Announcement
The first female to lead the U.S. Federal Reserve has made her last interest rate announcement. Chairwoman Janet Yellen left rates unchanged. The U.S. benchmark short-term interest rate is holding steady in a range between 1.25 per cent and 1.5 per cent due to… Continue reading »