The US Federal Reserve hiked its interest rates by 25 basis points (bps) to 1 percent in its meeting held on 14th-15th Mar'17. The central bank chose to hike its interest rates for the second time in three months. Looking at the current scenario, the US Federal Reserve stated that economic growth of the country is quiet favorable along with optimistic employment scenario. Nonfarm payrolls climbed to 181,000 jobs on average during 2016, the most recent report showed gains to 200,000 in Feb'17 along with a drop in unemployment rate to 4.7 percent during the same period,...