Fed Raises Rates as Labor Market, Inflation Fuel Confidence

Yellen, Fed, Federal Reserve, FBN

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.