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Fed Quickens Pace, Raises Rate 3 Months After Last Hike

March 15, 2017 6:03 pm

The Federal Reserve voted on Wednesday to again raise the key interest rate one-quarter percentage point, the first of three hikes anticipated for 2017. The rate was increased one-quarter percentage point just three months ago, in December 2016. “In view of realized and expected labor market conditions and inflation, the [Federal Open Market] Committee decided […]

The post Fed Quickens Pace, Raises Rate 3 Months After Last Hike appeared first on RISMedia.

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