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The discount rate in the USA increased to 1.75%

In the first month of the new Chairman Powell’s leadership, the Federal reserve decided to raise the discount rate by 0.25% to 1.5%-1,75%.

In the message the Federal Reserve stated the intention twice to raise the discount rate for 2018, three times – in 2019 and two in 2020.

The report shows the positive economic indicators recently, including the increase of labour market indicators.

The discount rate in the USA increased to 1.75% 22.03.2018

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