A picture of a street sign on Wall Street in New York. Photos AP / Mark Lennihan
It is increasingly likely that US interest rates will be increased at relatively short notice. After the Federal Reserve (Fed) there earlier this year hinted several times, said Fed board member Dennis Lockhart today in an interview with Wall Street Journal September “is the right time for a raise” is .
The interest has since 2008 at a historically low interest rate of 0.0 to 0.25 percent to stimulate the economy. Until March, the Fed gave to each “patient” with a rate hike. Since that time the word “patient” is not used, allowing investors expected the interest rate possible back in June would be increased. However, the rate remained unchanged when.
The Fed signals a modest recovery of the US economy. A rate hike will depend on further improvements in the labor market and whether there is confidence that inflation over the medium term will move towards the target of 2 percent. Because of the low rate of GDP growth earlier this year, the increase so far has not happened.
The comments of Lockhart pushed the price of the dollar to its highest level in the past four months. Around 21:00, the euro was worth $ 1.0892
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