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The U.S. Federal Reserve finally raises interest rates by a quarter percentage point in Dec. 2015 after 7 years of near zero rates

12/16/2015

The approach is cautious with increases planned gradually over 3 years, and monitoring of inflation very carefully to ensure that it does not fall far below 2% with continued oil prices declines and other factors.

Grouped Articles

Fed Raises Rates After Seven Years Near Zero, Expects ‘Gradual’ Tightening Path

Wall Street Journal 12.17.2015

Fed Raises Key Interest Rate for First Time in Almost a Decade

New York Times 12.16.2015

Janet Yellen’s New Hat: Risk Manager

New York Times 12.16.2015

Fed Actions Show Confidence but Are Not at Trump Speed

The New York Times 06.14.2017


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