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Market Update 24/12/18: FED Raises Interest Rate

  • Writer: Ishfaaq Peerally
    Ishfaaq Peerally
  • Dec 24, 2018
  • 1 min read

The Federal Reserve System just raised the interest rate from 2.25% to 2.5%. What does it mean? What's the interest rate? Who are the winners and losers?

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