Traders reacted to the news.
The Fed lifted its target interest rate for the first time in nearly a decade, which was hardly a surprise. What happens next may still stump us.
The Penny Bank by George Harvey (1806-1876).
Fleming-Wyfold Art Foundation
How today's policy around savings and pensions has worrying echoes of failed 19th century approaches.
We can expect low rates for a long time.
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Evidence suggests the global neutral interest rate may settle at below 1%, penalising savers and rewarding risk takers.
Emerging markets aren’t in Janet Yellen’s economic club.
Monetary policy since the financial crisis has flooded the market with cheap capital. A rate rise will reverse this and put developing economies at risk.
Traders will be paying close attention to the Fed’s decision on interest rates.
Why the US is set to raise its interest rates this week for the first time since the financial crisis.
For everyone, there are things to like and not like in higher interest rates.
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The Federal Reserve is expected to raise rates for the first time in nine years next week. What does it mean for you?
Charting a different course.
With economies in Europe and America forging very different recoveries, their central banks are having to navigate by different stars.
The RBA has managed to use monetary policy to pull a number of economic levers.
Inflation-targeting central bankers need to focus on stabilising inflation and not be sidetracked into correcting all other macroeconomic and financial problems.
RBA governor Glenn Stevens said moderate expansion is continuing in the Australian economy.
AAP Image/Lukas Coch
The Reserve Bank of Australia has decided to leave the official cash rate unchanged at a record low of 2%, but said there was scope for a rate cut down the line.
Lending in a frothy property market has the potential to bring the economy unstuck.
Banks might be pushing rates up, but the Reserve Bank's focus should be on who they're lending to.
The fight for lower or no university fees should be taken beyond campuses to places where South Africa’s financial elite rule.
The next step in South African students' fight against high university fees could be taken beyond campuses. The final battle will be fought at the country's National Treasury and Reserve Bank.
Will home owners consider the non-bank sector as major banks increase lending rates?
Last week, Westpac hoisted its lending rate by 20 basis points in a bid to recover the costs of recent capital raisings. There is speculation other banks will follow. Australia’s non-bank lenders could…
New treasurer Scott Morrison greets RBA Governor Glenn Stevens.
Gloomy portents for the Australian economy suggest interest rates should continue where they are, say the economists shadowing the Reserve Bank.
US jobs market needs a boost.
Jobs growth slowed in September, yet the despite the disappointing figures there's no political will to do anything about it.
It may take a magic wand from the RBA (or the Turnbull government) for Australia to escape a recession.
Volatility is not going away any time soon, and if the US Fed decision plays the wrong way on the Australian dollar, our central bank could soon be back in the jawboning business.
Her hands may be folded, but Janet Yellen is far from inactive.
The Fed decided to hold its key interest rate at about zero, but that doesn't mean it did nothing.
Chair Yellen and her colleagues decided the economy isn’t ready.
The Fed's policy-setting committee decided to keep its benchmark interest rate unchanged. Here's why that's the wrong call.
The Fed building in New York: just a nice facade?
Market speculation on whether the Fed will raise rates is reaching fever pitch, but the central bank no longer has the pull it once did.
The sour face means the Fed must be about to raise rates.
Whenever speculation grew louder that the Federal Reserve would lift its target interest rate this year, stocks took a dive. Here's why.
Fed Chair Janet Yellen’s rates balancing act would be easier if the government got in the game.
The more important question is when the federal government will get in the game and help support the economy.