Fed hike is a brave experiment
A vote of confidence. That’s what people are calling yesterday’s move on interest rates by the U.S. Federal Reserve. The quarter-point uptick is the first hike since the start of the financial crisis. But is it confidence, or simply a response to longstanding concerns that leaving rates at a mere 25 basis points above the zero […]
- December 17, 2015 September 13, 2019
- 09:50