Why US rates have a global impact

Why US rates have a global impact
 

US central bankers are expected to raise a key interest rate again this week in response to healthy growth and low unemployment.
Policy makers at the US Federal Reserve are expected to raise the target for the Federal Reserve's benchmark rate by 0.25%, taking it to the highest since 2008, at 1.75% to 2%.
Fed officials are due to announce their decision later.
A rise would mark the Fed's seventh rate increase since 2015.
Officials aim to head off excessive inflation with higher rates and think the US economy can handle higher borrowing costs.
They are also shrinking the Fed's massive... read more

 
13 June 2018 in Business, Views: 47
Source: BBC
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