Federal Reserve's interest rate hike 'will benefit eurozone and global economy'

It's seen as a hugely important step on the road to global economic recovery. The "Federal Reserve's first interest rate rise since the financial crisis":http://www.euronews.com/2015/12/16/us-federal-reserve-raises-interest-rates-for-first-time-since-2006/ struck is designed to send a message that the US economy at least is getting back to normal. The hike is extremely modest: rock bottom interest rates have been raised to between 0.25 and 0.5 percent. But the tightening of monetary policy is … READ MORE : http://www.euronews.com/2015/12/17/federal-reserve-s-interest-rate-hike-will-benefit-eurozone-and-global-economy euronews business brings you latest updates from the world of finance and economy, in-depth analysis, interviews, infographics and more Subscribe for daily dose of business news: http://bit.ly/1pcHCzj Made by euronews, the most watched news channel in Europe.