The US Federal Reserve (Fed) estimated tightened its monetary policy and for the first time in nine years raised its key interest rate from its historical low level.

Central Bank increased by 25 bps target level for the federal funds: from 0 to 0.25%, it becomes 0.25 to 0.50%.

Thus, in practice the Fed ends its emergency response following the 2008 crisis and henceforth the key rate will be phased increase in interest rates.

Markets predicted 80% chance the Fed to raise rates.

Fed dive into unknown territories in 2008, when lowered its key interest rate to zero after the US went into recession. Bank experimented with unconventional ways to stimulate the economy, poured about $ 3.5 trillion to encourage recovery, recalls Washington Post.

Earlier this month, Fed Chairman Janet Yellen said the risks to the economy are "almost balanced", which according to many analysts is the codeword for increasing rates.

This move is only the first step towards the normalization of economic and monetary policy of the Fed. The process will likely take years and there is a heated debate about whether standards than before the recession at all achievable, says Washington Post.

USA reported stable inflation of zero in November, and they were the expectations of most analysts. Although justifies forecast consumer price growth remains far below the target level of 2%.

Another factor that the Fed monitors in deciding monetary policy is the labor market. It shows remarkable stability over the past two months the new jobs recorded surprising increases. Namely employment data from October and November largely increased market expectations that the Fed will raise interest rates.

US central bank actually starts monetary policy opposite to that in Europe and in countries of other continents. In early December, the European Central Bank lowered the interest rate on deposits from -0.2 to -0.3 percent and extend the incentive plan at least until March 2017 The Governor of the Bank of England Mark Carney told the FT on Wednesday in the UK the conditions for lifting interest rates are not yet available. In Japan also claims that the central bank should introduce more incentives for troubled economies.