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Strategies & Market Trends : Dino's Bar & Grill
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To: Goose94 who wrote (15211)12/16/2015 2:06:04 PM
From: Goose94Read Replies (1) of 203723
 
As Expected Fed Raises Interest Rates For First Time In More Than Nine Years

In line with heightened expectations, the Federal Reserve has raised interest rates by 25 basis points, bringing the Fed Funds rate to a range between 0.50% and 0.25%.

This is the first time the U.S. central bank has hiked rates since June 2006; the move was almost universally expected by economists and market participants.
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