Fed hikes rates for second time in three months


Fed hikes rates for second time in three months
WASHINGTON — The Federal Reserve is raising its benchmark interest rate for the second time in three months and signaling that any further hikes this year will be gradual. The move reflects a consistently solid U.S. economy and will likely mean higher rates on some consumer and business loans. The Fed’s key short-term rate is...

March 15, 2017 at 03:41PM
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