After having six drinks all to herself, Julie was in orbit. See also: orbit. in orbit. Thrilled, delighted, as in Dean's in orbit over his son's success. This expression alludes to the successful launching into orbit of a satellite or other spacecraft. [Slang; late 1900s] See also: orbit. in orbit. 1. mod. ecstatic; euphoric. She was just in orbit when she got the letter. 2. mod. alcohol or drug intoxicated. Gary is in orbit and canât see a hole in a ladder. See also: orbit
The current American interest rate FED (base rate) is 0.500 %. Note: at this time the FED has adopted an interest rate range of 0.25% to 0.50%. â 1 managingâ the national money supply by means of monetary policy with the aim of:  preventing or limiting inflation and deflation (price stability).
America's central bank is nudging its benchmark interest rate higher, announcing a move from the current 0.25-0.50 percent to a range of 0.50 and 0.75 percent. The decision emerged from a session of the Federal Open Market Committee on Wednesday. Analysts had widely expected the hike of a quarter of a percentage point.