- Fed raises interest rates 0.25%
Interesting move given unemployment is still high and inflation below target…Posted 4 years agoMTB-IdleMember
I was reading the financial press a few weeks ago and someone made a comment that it was scary that the last time the fed rate (and BOE rate) changed, a vast number of currency traders were still in school! 😯
They also made a point that with the fed raising rates at the same time as the eurozone is employing QE it could raise a perfect storm in the currency market such as happened in 92 when the UK was forced out of the ERMPosted 4 years ago
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