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Economists Predict Small US Interest Rate Climb by webdesk@voanews.com (VOA News)
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| Economists Predict Small US Interest Rate Climb by webdesk@voanews.com (VOA News) |
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| Article Posted: 12/14/2016 |
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Economists Predict Small US Interest Rate Climb |
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Top U.S. central bank officials are widely expected to raise the key interest rate slightly Wednesday, and investors are watching closely for clues about how much higher rates will go and how fast they will climb over the next year or so.
Officials are likely to raise the key rate a quarter of a percent to a range between half- and three-quarters-of-one-percent. That is still very low by historic standards and is the first rate increase in a year. During the recession, the U.S. Federal...
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