Orbit comes from the Latin orbita, âcourse,â or âtrack.â The verb orbit is the act of revolving around another object, usually on a circular or elliptical course. Many planets, moons, stars, meteors spacecraft and other objects in outer space orbit around each other. Electrons also orbit around the nucleus of an atom.
Fed raises interest rates. America's first interest rate hike in nearly a decade is here. The Federal Reserve raised its key interest rate on Wednesday from a range of 0% to 0.25% to a range of 0.25% to 0.5%. The rate hike is a small one, but it will affect millions of Americans, including investors, home buyers and savers.
BOK Financial's Chief Investment Officer. Federal Reserve expects to raise rates two more times this year and three times in 2018. Economic news has been solid and inflation has started to move higher. Federal Reserve Announces a .25% Hike In Short-Term Rates. Federal Reserve expects to raise rates two more times this year and three times in 2018. Economic news has been solid and inflation has started to move higher. (March 15, 2017)