Investments

US Fed hike: When a tiny move matters

Thursday 15th of December 2016


As widely anticipated, the US Federal Reserve lifted the US Fed Funds Rate by 25 basis points this morning, to a new target range of 0.50% to 0.75%.   This is the first and only move in the US Fed Funds Rate in 2016, following the last move in December 2015.

The main news in today’s decision was the move in the so-called dot plots, which capture the US Fed Funds pr...

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