The board of the US Federal Reserve meets today, and it is widely expected that they will announce a small increase in their target rate, taking it away from the rock-bottom range of 0 – 0.25% for the first time since late 2008.
Chart of the Week: Week 37, 2015: US Monetary History
The US Federal Reserve are meeting today and tomorrow to discuss monetary policy, and whether they will raise the Federal Funds Target Rate which has been at 0%-0.25% since 2009.