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Confident Fed boosts benchmark rate for third time this year

7 monthes ago   |   By

Higher loan rates for consumers and businesses and slightly better returns for savers could be in the future.
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Fed hikes interest rates for third time this year

Fed hikes interest rates for third time this year

7 monthes ago   |   By

The Federal Reserve announced it will raise interest rates for the third time this year.
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Fed raises rates a quarter point, hikes growth outlook for economy

7 monthes ago   |   By

The Federal Reserve had been expected to raise its benchmark interest rate a quarter point to a target range of 1.25 percent to 1.5 percent.
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Fed raises interest rates, keeps policy outlook unchanged for 2018

7 monthes ago   |   By

WASHINGTON - The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, as anticipated, but left its rate outlook for the coming years unchanged even as policymakers projected a short-term acceleration in U.S. economic growth.
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Federal Reserve raises interest rates as U.S. economy powers ahead

7 monthes ago   |   By


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Fed boosts benchmark rate for third time this year

7 monthes ago   |   By

WASHINGTON - The Federal Reserve is raising its benchmark interest rate for the third time this year, signaling its confidence that the U.S. economy remains on solid footing 8½ years after the end of the Great Recession. The Fed is lifting its short-term rate by a modest quarter-point to a still-low range of 1.25 percent to 1.5 percent. It is also continuing to slowly shrink its bond portfolio. Together, the two steps could lead over time to higher loan rates for consumers and businesses and slightly better returns for savers.
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Fed Raises Interest Rates Again As Economy Rolls On

Fed Raises Interest Rates Again As Economy Rolls On

7 monthes ago   |   By

Policymakers increased a key rate for the third time this year. The quarter-point move indicates the Fed is confident in the economy as it continues to recover from the financial crisis.
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Fed Raises Rates For Third Time In 2017 As U.S. Economy Chugs Along

7 monthes ago   |   By

At the conclusion of the Federal Open Market Committee's two-day meeting, policymakers hiked the benchmark interest rate to 1.25% to 1.5%.
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