In the U.S.
In the US, may increase the interest rate this summer
8 years agoSource:  Voice of America

The president of the regional bank of the US Federal Reserve System said on Monday that world markets appear to be in a position to raise interest rates this summer. According to James Bullard, president of the St. Louis Federal Reserve Bank, his opinion should not be "too surprising" given the signs that indicate ...

In the U.S.
US economy on the rise: GDP growth exceeded forecasts
8 years agoSource:  Voice of America

The growth of the US economy during the first three months of this year has not been impressive, but new data shows it is not as bad as it initially seemed. The Commerce Department reported on Friday that in the first quarter, GDP grew by 0,8% on an annualized basis. ...

In the U.S.
US raised interest rate: what does it mean
8 years agoSource:  CNN Money

On December 16, the Federal Reserve System (FRS) raised the federal funds rate, setting it in the range of 0,25-0,5% per annum. This happened for the first time since 2006. The interest rate hike was a welcome development. The move is a sign of economic recovery after the Great Recession. The Central Bank believes that the American economy...

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