Eight years after a devastating recession opened an era of loose U.S. monetary policy, the Federal Reserve was set on Wednesday to raise rates for the first time since 2006, in a sign the world's largest economy had overcome most of
the wounds of the global financial crisis.
Not exact matches
Over the last several weeks, it has become increasingly evident that many
of the world's central banks are looking to
wind down the extraordinary monetary stimulus that has supported asset prices since the
global financial crisis.
The
global financial system has gone through the worst
crisis since the Great Depression, and the effects are only beginning to
wind their way through every facet
of the economy.