Fed decided to leave the U.S. national interest rate unchanged

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Reuters: Global economy worries prompt Fed to hold rates steady

Article published: Sep 17, 2015 – out of date: no longer suitable for your IB Economics commentary

IB Economics syllabus: Macroeconomics (interest rates, monetary policy)

Fed Chair Janet Yellen stated that “The outlook abroad appears to have become less certain,” as a reason for not increasing interest rates yet. In addition, U.S. inflation is very low too, which is also an answer why the committee has decided to wait.

Source of image: Mark Wilson/Getty Images

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By EconDaddy IB Economics tutor|2022-01-13T12:11:00+00:00September 18th, 2015|Macro|Comments Off

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My name is Daniel Szekely and I work as an IB Economics tutor, examiner and teacher. Having earned an MA degree in Economics at the University of Aberdeen, I started my career as a financial analyst at Morgan Stanley, one of the largest investment banks of the world. Yet, despite the promising career prospects of the banking industry, I decided to make a larger social impact by becoming a teacher. Currently, I teach IB Economics at SEK Budapest International School and have been an examiner for over 8 years. I started EconDaddy as a simple blog to share great articles with my students and others taking IB Economics around the world to use for their commentaries. Being a practicing IB Economics tutor, I have first hand insight into the most common mistakes of students, so the EconDaddy blog now also provides exam and commentary writing tips.