Wednesday, December 16, 2015

The federal state finally raises the Interest rate for the first time since 10 years. This is good for the value of the dollar and the interest rate could go up to about 2.4 percent in the next couple of years. The interest rate was held close to 0.25 to 0.50 percent to help the economy from the crisis of 2008. This will help increase the value of our dollar making prices drop down a certain percent. But the federal state is afraid that they might have to cancel and drop the interest rate down putting us back in the same situation we are now.   

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