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The US Federal Reserve implemented another interest rate hike last Wednesday, the central bank’s second rate hike within a three-month period. The said rate hike was allegedly spurred by a consistently positive economic growth and steady job gains as well as a rising confidence in the country’s inflation rates. The Fed increased its rates by 0.25 basis points in order to reach the 75% range as part of the central bank’s attempt to revert its monetary policies to its previous stance. However, the central bank emphasized that its subsequent interest rates would be on a more gradual pacing, especially since its rates are not scheduled to retreat to its neutral region within two years.
Scheduled maintenance will be performed on the server in the near future.
We apologize in advance if the site becomes temporarily unavailable.
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ForexMart is authorized and regulated in various jurisdictions.
(Reg No.23071, IBC 2015) with a registered office at First Floor, SVG Teachers Co-operative Credit Union Limited Uptown Building, Corner of James and Middle Street, Kingstown, Saint Vincent and the Grenadines
Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.
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