U.S Fed hikes rates, sees three increases in 2018

by | March 22, 2018 12:11 am

United States Federal Reserve officials, meeting for the first time under Chairman Jerome Powell, yesterday raised the benchmark lending rate a quarter-point and forecast a steeper path of hikes in 2019 and 2020, citing an improving economic outlook. Policy makers continued to project a total of three increases this year. “The economic outlook has strengthened…

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