US Federal Reserve Hiked Interest Rates By 25 Basis Points

- Dec 15, 2017 -

   On 13, the US Federal Reserve Board announced that the federal funds rate target range by 25 basis points to 1.25 to 1.5% level, which is the third time this year the Fed to raise interest rates, in line with market expectations. 

   According to measurements, the US economy is expected to grow in 2017 by 2.5%, higher than the September forecast of 2.4%; by the end of 2017 the unemployment rate is projected at 4.1%, below the September forecast of 4.3%. 2018 US economic growth of 2.5%, higher than the September forecast of 2.1%; by the end of 2018 the unemployment rate is projected at 3.9%, below the September forecast of 4.1%.   —— Yeslinkele.com

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