No Change in Rates in a bid to maintain its support for economic growth, the Federal Reserve has decided to keep interest rate at the current position of 0.25 percent to 0.5 percent. The Fed raised its benchmark interest rate by 25 basis points last year December for the first time in over a decade. It noted that global economic […]
Tag: financial
5 Facts You Should Know About The U.S. Economy
When a dog bites a man that is not news, but when a man bites a dog that is news. ― Charles Anderson Dana, American journalist, 1819-1897 Regardless of the hue and cry about the 99% not feeling the effect of the economic recovery, the fact is six years after the financial crisis that caused the worst recession since the […]