• Fed lifts interest rates

    8 monthes ago - By Reuters

    The Federal Reserve raised its benchmark overnight lending rate a quarter of a percentage point and dropped its crisis-era guidance. Fred Katayama reports.
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  • Stocks slide after the Fed hikes rates

    Stocks slide after the Fed hikes rates

    8 monthes ago - By Business Insider

    Stocks slid Wednesday after the Federal Reserve hiked its benchmark short-term interest rate by a quarter percentage point to a range between 1.75% and 2%. Treasury yields and the dollar rose following the Fed's announcement.
    Here's the scoreboard:
    Dow Jones industrial average : 25,203.75 −116.98
    S&P 500 : 2,779.41 −7.44
    The Federal Reserve raised its target range for the federal funds rate by 25 basis points to 1.75% to 2% and signaled two more hikes are coming this year. US Treasury yields surged following the rate announcement.
    The 2-10-year spread narrowed to its tightest point since...
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  • Fed Nudges Benchmark Interest Rate Higher

    8 monthes ago - By A.M. Best

    The Federal Reserve has again moved to increase interest rates on investments by 0.25% - the second such rate increase this year and the seventh since 2015. The increase reflects a growing U.S. ...
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  • Fed Raises Interest Rates and Sees 3.6% Unemployment

    8 monthes ago - By NY Times

    The Federal Reserve notched its second quarter-point hike in the benchmark interest rate on Wednesday and said it expects to see unemployment fall further, to 3.6 percent, in 2018.
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  • Federal Reserve bumps up interest rate, signals two more hikes likely in 2018

    8 monthes ago - By Washington Post

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