The US Federal Reserve just raised its interest rate, announcing a 25 basis point hike on Wednesday afternoon. With this, the Fed has pushed the federal funds rate to the 4.75%-5% range, its highest level since October 2007. In a press release, the Fed noted the rate hike was down to fact that the US The post deVere Group CEO says Fed’s “Big Decision” on rate hikes was really no decision at all appeared first on Invezz .
