[arista]

Just a quarter point
after a Long Decade


0.25 percent Rate rise after 10 years

http://news.sky.com/story/1607253/fe...y-0-25-percent








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]

Originally Posted by 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?

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]

Originally Posted by 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?

Watch or record Ch4 news on Ch4+1

It was at the start