Showing posts with label Fed funds rate hike. Show all posts
Showing posts with label Fed funds rate hike. Show all posts

Wednesday, December 16, 2015

Fed funds rate hike to be announced today

Article Title: Fed rate decision: what to watch for

Snippet of Article: "...The 10 officials setting US monetary policy are forecast to raise the range for the Fed funds rate — the interest banks charge each other overnight to lend reserves kept at the Fed — by a quarter percentage point from 0-0.25 per cent to 0.25-0.5 per cent..."

Source: www.ft.com Fed funds rate hike