FED hint at raising interest in the summer – nrc.nl

Chairman of the Federal Reserve Janet Yellen during a press conference today. Photo AFP / Chip Somodevilla

World Economy

For the first time in years, the Federal Reserve, the US central bank, again hinted at raising interest rates. The bank announced today that the interest rate still at 0.0 to 0.25 percent remains, but because they are no longer the word “patient” used with respect to future increases, investors expect that the potential is increased in June.

The interest has since 2008 at a historically low interest rates to stimulate the economy. So far, the Fed has indicated “patient” with a rate hike. The bank said today that an increase in April is not obvious and that she only considers as inflation towards the desired 2 percent goes.

Should the Fed soon indeed set the interest rate higher than the the world’s first central bank to break the trend of lowering interest rates. Americans are thus taking a different path than the ECB, which does not intend soon to raise interest rates by 0.05 percent. Should the Fed to act ‘, the dollar will rise in value against the euro

Also in NRC Handelsblad. Fed and ECB go their separate ways (€) <. / em>

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