Comment on Fed expects economic gains to prompt gradual rate hikes

Fed expects economic gains to prompt gradual rate hikes

WASHINGTON (AP) — The Federal Reserve says it expects that the ongoing strength of the U.S. economy will warrant further gradual increases in interest rates this year, delivering the same steady-as-it-goes message under new leader Jerome Powell as it had provided under Janet Yellen. The Fed's projection on rate hikes came with the release Friday of its semi-annual monetary report to Congress.Read more on NewsOK.com

 

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