Daily Archives: June 14, 2017

Fed announces third rate hike in 7 months

Fed announces third rate hike in 7 months

By | Inman | No Comments

As anticipated, today the Federal Reserve implemented a quarter-point federal funds rate hike, increasing its benchmark target to between 1 percent and 1.25 percent “in view of realized and expected labor market conditions and inflation,” the Federal Open Market Committee …

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