Fed Reserve increases interest rate by 0.25%

Q.  Fed Reserve on 16th December increased the interest rate by what percent?
- Published on 18 Dec 15

a. 0.15
b. 0.5
c. 0.25
d. 0.35

ANSWER: 0.25
 
Fed Reserve the central banking system of the US on 16th December 2015 increased interest rate by 0.25 percent in a decision approved by the Board of Governors of the Federal Reserve System chaired by Janet L Yellen. Interest rates in US are now between 0.25-0.50 as against o.25 and o range. This marks the first increase since 2006.

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