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Interest rate increase in the U.S.

 

Forbes: Fed Hikes Rates For Second Time In A Decade, Indicates More To Come In 2017

Article published: Dec 14, 2016

IB Economics syllabus: Macroeconomics (monetary policiey, interest rate)

For the second time in over 10 years, the Central Bank of the U.S. (known as the Fed) has increased the interest rates, which is a tool of contractionary monetary policy.

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By | 2017-08-23T10:39:41+00:00 February 6th, 2017|Macro|Comments Off on Interest rate increase in the U.S.

About the Author:

My name is Daniel Szekely and I work as an IB Economics tutor and teacher. Having earned an MA degree in Economics at the University of Aberdeen, I became a financial analyst at Morgan Stanley, one of the largest investment banks of the world. Yet, despite the promising career prospects of the banking industry, I decided to make a larger social impact by becoming a teacher.

Currently, I teach IB Economics at SEK Budapest International School. I started EconDaddy as a simple blog to share great articles with my students and others taking IB Economics around the world to use for their commentaries. Being a practicing IB Economics tutor, I have first hand insight into the most common mistakes of students, so the EconDaddy blog now also provides exam and commentary writing tips.

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