US Fed holds rates on global concerns

Discussion in 'Economy & Infrastructure' started by Simple_Guy, Sep 18, 2015.

  1. Simple_Guy

    Simple_Guy Regular Member

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    US Fed holds rates on global concerns

    In what amounted to a tactical retreat, the US central bank said an array of global risks and other factors had convinced it to delay what would have been the first rate increase since 2006.

    Interest Rate in the United States averaged 5.95 percent from 1971 until 2015, reaching an all time high of 20 percent in March of 1980 and a record low of 0.25 percent in December of 2008.
     
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