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Fed Hikes Rates for First Time in 7 years

Fed Hikes Rates for First Time in 7 years


The Fed said in a statement after its latest meeting yesterday that it was lifting its key rate by a quarter-point,which will help U.S. economy gain more progress and cause pain for emerging markets.

Source 中国新闻网

Topic Money, News, Finance, Economy

ID M0100

Date of Publication 18-Dec-2015

Rate 32

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昨日,美联储在2015年最后一次会议后宣布开启加息周期, 将联邦基金利率提高25个基点,并维持在0.25%至0.50%的区间。


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The Fed said in a statement after its latest meeting yesterday that it was lifting its key rate by a quarter-point to a range of 0.25 percent to 0.5 percent. 


这是美联储近十年来首次加息。

Fed hikes rates for first time in almost a decade.


美联储主席耶伦表示,美联储行动标志着超宽松时期的结束。

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Yellen, chairman of the federal reserve, said the Fed's action signals the end of the ultra-loose period.


同时表明美国经济将取得更可观的进展:收获更多的投资,创造更多的就业,通货膨胀率将实现2%的目标。

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And Wednesday’s action also indicated that the U.S. economy would obtain more significant progress: more investment would be attracted, more jobs would be created and the inflation rate will reach the target of 2%.


这个决定将对新兴市场国家经济产生影响。

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But this decision would cause pain for emerging markets.


人民币兑美元汇率昨日创今年六月以来最低跌势,持续贬值会进一步加剧中国的资本外流。

Yesterday, the RMB-US dollars exchange rate witnessed the lowest decline since June this year. The continued depreciation will further exacerbate the capital outflows in China.


但人民币汇率有其自身的韧性,因此像其他货币一样,人民币出现剧烈贬值的可能性不大。

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However, the RMB exchange rate has its own impact toughness, as other currencies; it is unlikely to cause a sharp depreciation of RMB.


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