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Fed Raises Interest Rates By 25 Basis Points, Boosts Economic Projections

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TheNews
, 09-27-2018 at 07:08 AM (857 Views)
      
   
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In a widely expected move, the Federal Reserve announced its decision to raise interest rates by 25 basis points on Wednesday. The Fed decided to raise the target range for the federal funds rate to 2 to 2.25 percent, citing realized and expected labor market conditions and inflation.

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