Federal Employee News

Wednesday, December 13, 2017

The Federal Reserve is about to raise interest rates again — here's how it happens and why it matters

The Fed is about to raise interest rates again — here's how it happens and why it matters

Snippet of Article: "...what the Fed is doing right now is a bit unusual. "This is the first tightening cycle where they've been concerned about inflation being too low," said Alan Levenson, the chief economist at T. Rowe Price. The Fed's preferred measure of inflation last touched its 2% target in 2012, so it can't exactly argue that it is raising rates to fight inflation..."

Source: http://www.businessinsider.com

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