Fed increases interest rates as inflation pressures loom

by | March 16, 2017 10:01 am

  Third raise since financial crisis Policymakers note ‘solid’ job gains The US central bank has increased short-term interest rates for the third time since the financial crisis, stepping up the pace of tightening as policy­makers grow ever more confident that the recovery will lift inflation. The Federal Reserve raised the target range for the…

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