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The following news articles, videos, and websites all contain information about policy interest rates and their effect on the economy. 1. Wall Street Journal: "Fed to Raise Interest Rates as Economy Strengthens" 2. CNBC: "Fed Raises Interest Rates for Second Time in 2017" 3. Forbes: "What the Fed's Interest Rate Increase Means For You" 4. The New York Times: "U.S. Raises Interest Rates and Signals Faster Increases Are Coming" 5. Bloomberg: "U.S. Interest Rates Climb to Highest Level Since 2008" 6. The Washington Post: "Fed Raises Interest Rates, Signals More Increases to Come" 7. US News & World Report: "Everything You Need to Know About the Fed's Interest Rate Hike" 8. CNN Money: "The Fed Just Raised Interest Rates. Here's What it Means for You" 9. Bankrate: "How the Fed's Interest Rate Increase Affects Your Wallet" 10. Investopedia: "What Is the Federal Funds Rate?"
Bank of Canada Governor Tiff Macklem said on Friday that once the central bank “is assured that we are clearly on a path back to price stability, we will be considering whether and when we can lower our policy interest rate.” Speaking at the Canadian Club Toronto, in his final speech of the year, Macklem explained that it “is still too early to consider” interest rate cuts.
Whilst the world's major central banks are expected to cut interest-rates soon Argentina has shouted out hold my beer. Starting tomorrow, its monetary policy interest rate will become the one-day repos rate, a rate that since December 13 was established at 100% annual nominal. In order to rationalize its liquidity management scheme, the Board of…
External members of the Monetary Policy Committee suggest reducing policy interest rates due to temporary food shocks and high real interest rates. However, caution is advised as markets are running ahead of policy makers and inflation history suggests challenges in bringing it down.