All posts tagged "fed"

  • In this Feb. 25, 2015, file photo, Federal Reserve Chair Janet Yellen removes her glasses as she testifies on Capitol Hill in Washington. The Federal Reserve is widely expected to raise its key rate from record lows, on Wednesday, Dec. 16, 2015, potentially heralding higher lending rates in an economy much sturdier than the one the Fed helped rescue in 2008 with borrowing rates near zero. (AP Photo/Pablo Martinez Monsivais, File)
    Fed finally lifts key interest rate from near zero

    WASHINGTON (AP) — The Federal Reserve is raising interest rates after seven years of record lows. But it’s signaling that further rate hikes will likely be made slowly as the economy strengthens further and muted inflation rises....

    • Posted December 16, 2015
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