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The U.S. Federal Reserve on Thursday Feb. 18th said that it was raising the discount rate that it charges banks for emergency loans. The move, despite being a signal the economy is on the right track, alarmed investors who have relied heavily on near-zero interest rates and have shoveled cheap money into riskier investments like equities and commodities that yield more returns.<br><br><br>Fed officials is said to calm speculation that a surprise rise in its discount rate could bring forward broader policy tightening.<br><br><br>The U.S. Federal Reserve on Thursday Feb. 18th said that it was raising the discount rate that it charges bank..
The U.S. Federal Reserve on Thursday Feb. 18th said that it was raising the discount rate that it charges banks for emergency loans. The move, despite being a signal the economy is on the right track, alarmed investors who have relied heavily on near-zero interest rates and have shoveled cheap money into riskier investments like equities and commodities that yield more returns.<br><br><br>Fed officials is said to calm speculation that a surprise rise in its discount rate could bring forward broader policy tightening.<br><br><br>The U.S. Federal Reserve on Thursday Feb. 18th said that it was raising the discount rate that it charges bank..
New president, governor of Bank of Korea appointed Jung Su Kim. He has been the ambassador to OECD, and had roled as head of KDI, Korean Development Institute.New president, governor of Bank of Korea appointed Jung Su Kim. He has been the ambassador to OECD, and had ro..