Fedreral Reserve Raises Key Interest Rate
Federal Reserve Interest Rate 2004 – 2016 In June of 2006 the federal interest rate stood at 5.25%. Federal Reserve Chair Janet Yellen announced today Dec 14, 2016 that the central bank will nudge its benchmark interest rate from the current 0.25-0.50 percent to a range of 0.50-0.75 percent. The Vanguard Group global chief economist, […]
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