US FED to hike interest rates
The game is coming round a full circle it seems for FED. After continuously and rapidly reducing the base lending rate of interest for banks, now the US Federal Reserve, the Central Banker to the United States, is decided on the direction of interest rates. They will only go up and no more reductions. The discussion that is happening now among the FED officials is the timing of the increase i.e. when to start and how much.