U.S INTEREST RATE HIKE - Finally The Federal Reserve Increases Rates by 0.25% What Will Happen Now?

 
U.S INTEREST RATE HIKE - Finally The Federal Reserve Increases Rates by 0.25% What Will Happen Now?

The US Federal Reserve has raised interest rates by 0.25 percentage points - its first increase since 2006.

The move takes the range of rates banks offer to lend to each other overnight - the Federal Funds rate - to between 0.25% and 0.5%.

The move is likely to cause ripples around the world, and could increase pressure on the UK to raise rates.

It could also mean higher borrowing costs for developing economies, many of which are already seeing slow growth.

Rates in the US have been at near-zero since 2008. Dow slips back but markets rally in Asia and Europe, the dollar strengthens, and commodities fall, after US rate rise Christmas comes early to the City But commodity prices slide again Photos: Asian markets bounce Introduction: Fed rate rise doesn’t cause alarm (yet) Fed ends its dithering Full story: first US interest rate rise since 2006

Russian President Vladimir Putin has drafted a bill that aims to eliminate the US dollar and the euro from trade between CIS countries. "interest rate" interest bank banking savings "savings account" dollar forex "forex trading" funds funding loan debt recession economy future u.s. usa jobs income salary christmas "new year" "united states" recovery rates APR winner usa "made in usa" news media entertainment trends markets "stock market" gold silver japan rmb stocks export import wholesale brazil currency GBP "elite nwo agenda" china yuan easing QE unlimited silver coins gold coins review apmex commodity price euro hong kong taiwan global illuminati jim rogers marc faber gerald celente alex jones infowars rant collapse end game vault fake gold pamp ruble sheep george soros ebt line lindsey williams oil price jsnip4 montagraph This means the creation of a single financial market between Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan and other countries of the former Soviet Union.

“This would help expand the use of national currencies in foreign trade payments and financial services and thus create preconditions for greater liquidity of domestic currency markets”, said a statement from Kremlin.

The bill would also help to facilitate trade in the region and help to achieve macro-economic stability. Can the US Dollar Face Down the Chinese Yuan?
China keeps several thousand tonnes of gold “off the books” Leaving aside this technical change, the SDR has been dominated by the “Big Four” (US, UK, Japan, and Europe) since the IMF abandoned the gold SDR in 1973. This is why inclusion of the Chinese yuan is so momentous. China does not strictly meet all the IMF criteria for inclusion in the SDR club. But use of the Chinese yuan in global trade does satisfy the test.

China has also improved the transparency of its reserve reporting, especially with regard to gold. From 2009–2015, China reported no increases in its gold reserves. Yet the evidence (from mining statistics and Hong Kong imports) was conclusive that China was, in fact, acquiring thousands of tonnes of gold.






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