SKIP TO MAIN CONTENT

US raises interest rates, predicts more ahead

US Federal Reserve chairwoman Janet Yellen
US Federal Reserve chairwoman Janet Yellen Source: AAP

The United States' Federal Reserve has marked the end of the country's post-global-financial-crisis recovery period, raising the key interest rate for just the second time in a decade. Image: US Federal Reserve chairwoman Janet Yellen (AAP)


Published

Updated

By Camille Bianchi

Presented by Annalyn Violata

Source: SBS



Skip to podcast episode content

The United States' Federal Reserve has marked the end of the country's post-global-financial-crisis recovery period, raising the key interest rate for just the second time in a decade. Image: US Federal Reserve chairwoman Janet Yellen (AAP)


And the central bank is forecasting another three possible hikes in the next year as the US dollar surges to its highest value since February.


Latest podcast episodes

Follow SBS Filipino

Download our apps

Listen to our podcasts

Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS

SBS News in Filipino

Watch it onDemand

Stream now