Economy 53,074 Posted March 21, 2018 Share Posted March 21, 2018 https://www.bnn.ca/u-s-fed-raises-rates-as-powell-signals-confidence-in-economy-1.1033742 The US Central Bank has raised its key rate again this meeting by 25 basis points (0.25%) The key rate is now set at a range of 1.5% to 1.75% Link to post Share on other sites More sharing options...
pachinko 10,765 Posted March 21, 2018 Share Posted March 21, 2018 What does this mean? I'm nub. Link to post Share on other sites More sharing options...
Economy 53,074 Posted March 21, 2018 Author Share Posted March 21, 2018 3 hours ago, pachinko said: What does this mean? I'm nub. For the average joe their concerns are that mortgage rates, car loans, lines of credit and stuff like that will go up again For investors it means that higher bond yields will put pressure on equities Link to post Share on other sites More sharing options...
JustinTrudeau 2,419 Posted March 22, 2018 Share Posted March 22, 2018 That was fast. Didn't they raise it recently? I fell down the stairs once as an actor. Link to post Share on other sites More sharing options...
Economy 53,074 Posted March 22, 2018 Author Share Posted March 22, 2018 14 hours ago, JustinTrudeau said: That was fast. Didn't they raise it recently? Yup. In their last meeting they did Link to post Share on other sites More sharing options...
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