What impact will the US rate rise have?
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US rate rise: What impact will it have?

The Federal Reserve has raised its key interest rate for the first time since December 2015.

America's central bank raised the rate to a range of 0.5% - 0.75% from a range of 0.25% - 0.5%.

The BBC's Jeremy Howell has produced this video on the consequences for the US and the rest of the world.

  • 14 Dec 2016
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