Comment on Federal Reserve Raises Key Interest Rate and Signals More Increases May Come

Federal Reserve Raises Key Interest Rate and Signals More Increases May Come

WASHINGTON (AP) — The Federal Reserve took note of a resilient U.S. economy Wednesday by raising its benchmark interest rate for the second time this year and signaling that it may step up its pace of rate increases. The Fed now foresees four rate hikes this year, up from the three it had previously forecast.

 

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