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How Rising Interest Rates Could Drive Citigroup’s Profitability

Andrew Brunton
How Rising Interest Rates Could Drive Citigroup’s Profitability

Investing in Citigroup Stock: Do Investors Think It Makes Sense? The Federal Reserve kept the funds rate at 0.25% from December 2008 to December 2015. With an improving economy and a lower unemployment rate, it started to raise interest rates for the first time in December 2015 by 25 basis points (or bps) to 0.50%.