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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Fed raises interest rates by a quarter percentage point

    Rocky
    Rocky
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    Posts : 280965
    Join date : 2012-12-21

    Fed raises interest rates by a quarter percentage point Empty Fed raises interest rates by a quarter percentage point

    Post by Rocky Thu 15 Dec 2016, 5:48 am

    Fed raises interest rates by a quarter percentage point

     Since 15/12/2016 11:00 (Baghdad time)
    Fed raises interest rates by a quarter percentage point 56u
    Follow-up scales News
    Federal Reserve raised US interest rates by a quarter percentage point and hinted at a faster pace to other increases in 2017 with the inauguration of President-elect Donald Trump Management Authority promises to boost growth by cutting taxes and increasing spending and ease restrictions.
    The US central bank has increased interest benchmark federal funds rate 25 basis points to a range between 0.50 and 0.75 percent.
    The monetary policy committee Bantrza in a statement issued unanimously by its members after a two-day meeting "from the perspective of current and projected labor market conditions and Altdkhm..orteurt Committee raised its target range."
    She added "jobs posted strong gains in the past few months and the drop in the unemployment rate."
    The most important thing is the expectations of the new US policy makers Bantrza refers to accelerate the pace of interest rate increases next year after being limited to once this year.
    The average central forecast to raise interest increases to three, each by a quarter percentage point in 2017 of two increases in September. It is expected to be followed by three more increases in both 2018 and 2019, even when interest rates stabilize "normal" level in the long term at 3 percent.
    This is the normal level slightly higher than the Fed had expected three months ago, which indicates that he feels that the economy is still gaining momentum.
    The Fed continues to describe the pace of increasing interest as "gradual" and keeps a little loose policy and supportive of further improvement in the labor market. It is expected that the unemployment rate fall to 4.5 percent next year and remain at that level, which is close to full employment.
    And increased interest established by the Central Bank on Wednesday signed by all economists polled by Reuters, who recently numbered 120 Khbayra.anthy 29 / A 43




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