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The Ticker
5 monthes ago - By Boston Herald
Fed raises key interest rate The Federal Reserve took note of a resilient U.S. economy yesterday by raising its benchmark interest rate for the second time this year and signaling that it may step up its pace of rate increases. The Fed now foresees four rate hikes this year, up from the three it had previously forecast. The action means consumers and businesses will face higher loan rates over time.
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