The US Federal Reserve for the first time in 10 years lowered the rate: what does it mean

For the first time in a decade, the US Federal Reserve cut the rate, fully meeting the expectations of analysts and the market. Further easing is expected from the American regulator. The Federal Reserve System (FRS) of the USA, acting as the central bank of the country, has lowered its base interest rate for the first time since the global financial crisis, writes ...

The Fed specified how many times it plans to raise the base rate.

For 2019, the US Federal Reserve planned to double the base rate. Now it will be fixed at the level of 2,25 to 2,5 percent, writes DW. The US Federal Reserve System (FRS) no longer intends to raise its base rate this year. In March, the basic ...

For the third time this year, the US Federal Reserve Board raised its key rate: what’s next?

For the third time in 2018, the US Federal Reserve System has raised its key rate - now it is in the range of 2-2,25%. The market expects the continuation of the course towards tightening monetary policy next year. On Wednesday, September 26, the Federal Open Market Committee ...

The US Federal Reserve has increased the discount rate: what to expect

The US Federal Reserve System (FRS) raised the base discount rate by 0,25 to 1,5-1,75% per annum. This is stated in the message of the American financial regulator, according to RBC. The department explained that, according to the information received, the labor market continues to strengthen and economic activity is growing since ...

The US Senate has approved a new Fed head: what is known about him

The Senate of the US Congress by a majority vote approved Jerome Powell as the new chairman of the Board of Governors of the Federal Reserve. Senators supported with 84 votes the candidacy proposed by US President Donald Trump. Only 13 senators voted against. The decision was made on an expedited procedure without debate, ...

How will the Fed's interest rate increase affect your wallet?

Monthly payments on credit cards and floating rate mortgages are expected to increase after the Federal Reserve hikes its short-term rates for the third time in 2017. As USA Today writes, all renewable ...

Loans of Americans on loans reached a record level

According to the US Federal Reserve, the total debt of American households in the first quarter rose to a record $ 12,73 trillion. According to Bloomberg analysts, this is due to the fact that after the crisis of 2008-2009, Americans, faced with low income growth, began to finance their expenses for ...

US Fed to raise base rate in March: what does it mean

The Federal Reserve is poised to hike interest rates in mid-March, significantly earlier than investors expected. This statement was made by FRS Chairman Janet Yellen in Chicago, who noted that the rate could be raised if economic data on the state of the labor market and ...

How will the change in the interest rate the Fed has on the lives of ordinary Americans

The leadership of the US Federal Reserve System announced an increase in the interest rate by 0,25 percentage points. Economists are confident that one way or another, a change in one of the key macroeconomic parameters will affect all spheres of life. Prices will rise, mortgages will rise in price, loan rates will rise. But…

287 Thousands of Jobs in June: US Economy Grows

In June, the labor market intensified, and employers added 287 jobs. The news nullified concerns about a long-term slowdown in wage growth. The Labor Department said Friday that some 400 workers have found jobs. Even ...

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