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    Goodbye 2015: A farewell to easy money

    Business, Tientip Subhanij, Published on 25/12/2015

    ยป This Christmas marks the beginning of the end to an unprecedented era of easy money, a period in which businesses, investors and consumers had access to credit at cheaper prices. The US Federal Reserve last week voted unanimously to raise key interest rate by a quarter-percentage point after keeping rates near zero since the subprime crisis. The last increase was almost a decade ago in June 2006 -- a year before the first iPhone was released.

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