Fed raises rates for first time since 2006

Historic interest rate hike signals confidence in the US economy

Janet Yellen of the Federal Reserve
Janet Yellen, chair, Federal Reserve

The Federal Reserve raised US benchmark rates by 0.25% at the last meeting of 2015, for the first time since June 2006, in a widely expected move, which market participants say signals a vote of confidence in the US economy.

The interest rate hike signals the end of nearly a decade of easy money and represents the first step towards normalisation since the post-financial crisis near-zero rate environment in developed economies. The hike will also exacerbate the policy divergence between the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: