X22 Report Spotlight

X22 Report News Flash

US Debt

national debt

X22 Report

BREAKING Fed Raises Rates


The Federal Reserve has just released a staement that they have raised the interest rates they control.

The Federal Reserve has decided to raise the target range for the federal funds rate to 1/4 to 1/2 percent, from 0 to 1/4.

The full statement is here.

UPDATE

There were no dissents. All voting members of the FOMC voted for the hike.



UPDATE 2

 The interest rate paid on required and excess reserve balances at the Federal Reserve has been raised to 0.50 percent from 0.25 percent, effective December 17, 2015.