Fed hikes key rate for third time this year

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The world's biggest economy saw its key rate raised to a range of 2%-2.25% ending an era of 'accommodative' monetary policy.

 

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Interest on what? Currency is created out of thin air, and interest is charged on it. Banks make billions everyday from this scam.

Sad

This is only done in a strong economy

Just keeping economy under control with hike all because it is on fire NOT like no growth crap with “o” no need for controls it wasn’t going anywhere ever...leftist US press hates IT...

Britain can only dream of rates this high.

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