Our Economic Times: Fed Hike First in Gradual Trend

Research output: Contribution to journalArticlepeer-review

Abstract

This column was published in Savannah Morning News.

Janet Yellen and members of the Federal Open Market Committee (FOMC) have decided to increase the Federal Funds rate for the first time since 2006. The new overnight interbank lending rate ranges from .25 to .5 percent and signals a “confidence in the U.S. economy,” said Yellen at the December FOMC meeting...

Original languageAmerican English
JournalSavannah Morning News
StatePublished - Jan 22 2015

Keywords

  • Fed hike
  • Gradual trend

DC Disciplines

  • Finance and Financial Management

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