Fed Raises Rates as Labor Market, Inflation Fuel Confidence

By The Fed

(Copyright 2017 The Associated Press. All rights reserved.)

As expected the Federal Reserve raised short-term interest rates by 0.25% and reiterated there will likely be two more increases from the central bank this year. Follow below for analysis, market reaction and a press conference with Fed Chief Janet Yellen who detailed the Fed’s newest projections for the U.S. economy, the first since President Trump took office.  

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