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US Rate Rise to Drive 2016 Global Economic Scene

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Australia's economy slowed in 2015, so much so that official interest rates were cut twice during the year. Image: Dollar could dive in 2016 (AAP)


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Source: SBS



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Australia's economy slowed in 2015, so much so that official interest rates were cut twice during the year. Image: Dollar could dive in 2016 (AAP)


While much of the world followed a similar path, the United States finally lifted rates, and, as this report explains, that will be a key driver of the global economy in the New Year.

 


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