USA. Base rate increase.

[Leekbrookgull]

To.75%. Interesting ?

[AmexRuislip]

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To.75%. Interesting ?

Oh crap, does that mean it will follow over here?

[Driver8]

It will mean a weaker £ for sure.

[GypsyKing]

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Oh crap, does that mean it will follow over here?

No and long expected by the markets so I expect little reaction.

[knocky1]

Haven't googled but probably the biggest Fed interest rate increase in history at 50%. Beating last year's 25%.

[knocky1]

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Haven't googled but probably the biggest Fed interest rate increase in history at 50%. Beating last year's 25%.

I got it wrong. The last one was a 100%. Now it's 50% next one 33.3%.

[Plooks]

Higher interest rates are good? Means you can save money?

[carlzeiss]

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Higher interest rates are good? Means you can save money?

10% please .

[Leekbrookgull]

Investment. Banks want to loan,with strings.

[larus]

Only the second rate rise from the fed in 10 years. This is at the time when they are nearing full employment (rate is 4.6%), and we are years into the current expansionary phase of the economic cycle. Talk about world economies being screwed, or may over the last 40 odd years they've been screwed and this is the new reality.

Either way, interesting times (if you like this type of shit)