Monthly Archives: December 2015

Lift-off at last for US rates

After many months of speculation, the Federal Reserve finally increased US interest rates for the first time since June 2006. On 16 December, the US central bank raised its key interest rate by 0.25 percentage points to 0.25%-0.50%. Policymakers cited “considerable improvement in labour market conditions” and are “reasonably confident that inflation will rise, over… Read more »