Advanced Economies’ - Quarterly Average Policy Rate (%) and Central Bank Balance Sheet Size (% of GDP), 2000-2018 (Forecast)  Fed In response to the US’s strengthening labour market and moderate expansion in economic activity, the Fed announced last December its widely anticipated increase in the federal funds rate target to 0.5%.
It goes without saying that such analyses should be evidence rather than sentiment based, and focused on better rather than less regulation. The global financial crisis has also shown that international co-operation is key in developing effective regulatory policies.