USA : 0.25 per cent Fed Raise Interest Rates (after 10 years)

[arista]

Just a quarter point
after a Long Decade


0.25 percent Rate rise after 10 years

http://news.sky.com/story/1607253/federal-reserve-hikes-interest-rate-by-0-25-percent


https://pbs.twimg.com/media/CWXnesrXIAAY-wi.jpg
https://pbs.twimg.com/media/CWXBV-jWUAAs0Vt.jpg




UK stays at 0

[lostalex]

it's about damn time.

[JoshBB]

So this is a good thing? I don't understand inflation at all tbh.. is this something seen as good by everyone or is it more an ideological thing?

[lostalex]

So this is a good thing? I don't understand inflation at all tbh.. is this something seen as good by everyone or is it more an ideological thing?

It means people that borrow from US institutions will have to pay more, but the people that are invested in US institutions will get more of a return.

It shows confidence in the US economy, and the strength of the dollar backs that up.

The low oil prices recently are definitely part of why people are more confident in the US economy.

It's been 8 years since the crash, and the US has shown that we have dealt with the crisis and shown steady growth this whole time. The fact that the US went through such a major economic crisis and dealt with it confidently and with a clear pattern of growth and correction means that basically we are now stable enough to be trusted, and start increasing interest rates.

[arista]

So this is a good thing? I don't understand inflation at all tbh.. is this something seen as good by everyone or is it more an ideological thing?


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