The Fed specified how many times it plans to raise the base rate.

For 2019, the US Federal Reserve planned to double the base rate. Now it will be fixed at the level of 2,25 to 2,5 percent, writes DW. The US Federal Reserve System (FRS) no longer intends to raise its base rate this year. In March, the basic ...

The Fed Raised Interest Rates: How It Will Affect Your Wallet

The Federal Reserve System (FRS) raised its benchmark rate by 19 percent for the fourth time this year on Wednesday December 0,25, despite months of opposition from President Donald Trump. The President feared that higher interest rates would stall the rapid growth of the economy ...

The Clinton win bet cost a woman half a million dollars

The victory of Donald Trump in the US presidential election cost the woman more than half a million US dollars, Business Insider reports, citing the bookmaker's office. 4 weeks before the elections, an unknown woman placed an online bet in the amount of $ 597 thousand to win in ...

In the US, may increase the interest rate this summer

The president of the regional bank of the US Federal Reserve System said on Monday that world markets appear to be in a position to raise interest rates this summer. According to James Bullard, president of the St. Louis Federal Reserve Bank, his opinion should not be "too surprising" given the signs that indicate ...

Earn up to $ 47 thousand in the US can legitimize overtime pay

The millions of people who overwork may soon be able to earn more or get more free time. By mid-May, the US Department of Labor plans to formally expand the number of workers who can be eligible for overtime payments. The changes are aimed at helping workers with the lowest wages ...

US raised interest rate: what does it mean

On December 16, the Federal Reserve System (FRS) raised the federal funds rate, setting it in the range of 0,25-0,5% per annum. This happened for the first time since 2006. The interest rate hike was a welcome development. The move is a sign of economic recovery after the Great Recession. The Central Bank believes that the American economy...

Four reasons to buy a house in 2016

Don't despair if you didn't manage to buy a house in 2015. CNN Money has highlighted four reasons why 2016 is the best time to buy a home. Housing prices will “calm down” The increase in real estate prices that was felt this year is most likely...

US companies are creating more jobs

In November, 211 jobs were created in the United States. This gives strong confidence that the Federal Reserve will raise interest rates. This number of jobs in November exceeded all expectations. Economists polled by CNN Money predicted only 192 jobs. Level…

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