zero level

Some analysts are speculating rates could rise as high as 6% by next spring, a sharp contrast to the near zero level they were at just a few years ago.

The Fed is set to raise interest rates when it meets on March 15-16, but officials have been debating whether the initial "liftoff" from the current near zero level should be a standard quarter point increase, or a larger half point hike to demonstrate the Fed's seriousness in controlling prices.

A quarter-point increase is still anticipated as the Fed begins to lift its target policy rate from the near zero level set at the outset of the pandemic.

The Fed at its March meeting is expected to raise the target interest rate by a quarter of a percentage point from the current near zero level, and provide some guidance on how it intends to proceed from there.

Troops were ordered to use up to “ground zero level as needed,” according to the document — putting no restrictions on soldiers and mirroring the terminology ahead of the Rohingya crackdown.