Tag Archives: rate hike

US Federal Rate Hike- South Africa a Loser

By Vivian Atud As expected the US Federal Open Market Committee has finally taken the United States- world’s biggest economy off life support. This happened yesterday when the US Fed Chair Woman-Janet Yellen announced a 0.25 percent rate hike for the first time since 2008. What does this mean for the US economy? On the one hand, the U.S. government […]

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