Fed Hikes Rates, First Since 2006

The U.S. Federal Reserve made history today by raising its key interest rate by a quarter of a percentage point. This is Fed’s first rate hike in nearly a decade, and one that marks the start of the hiking cycle. The central bank slashed interest rates to zero in Dec. 2008 to jump-start the economy […] View the full post at: Fed Hikes Rates, First Since 2006 Related posts: Fed Keeps Rates Unchanged as Expected Federal Reserve Statement on Fed Fund Rates Fed Keeps Rates Unchanged At 0 to 1/4 percent