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US FRS Unsatisfied By Economy Growth

The US Federal Reserve System has raised interest rates

US FRS Unsatisfied By Economy Growth

The US Federal Reserve System has raised interest rates by a quarter percentage point to 2.25% - already 5th increase since June.

FRS policy-makers have decided that the move is necessary due to current economic performance of the United States. They say that the economy "appears to be growing at a moderate pace, despite the earlier rise in energy prices, and labour market conditions continue to improve gradually.?

According to the analysts, the latest rates increase comes as a recovery in the US economy, the world's biggest, shows signs of robustness and sustainability.

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