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Fed raises rates amid stronger inflation, sees 2 more hikes in 2018, 4 in 2019

DailySabah
Fed raises rates amid stronger inflation, sees 2 more hikes in 2018, 4 in 2019

The Federal Reserve raised interest rates on Wednesday, a move that was widely expected but still marked a milestone in the U.S. central bank's shift from policies used to battle the 2007-2009 financial crisis and recession. In raising its benchmark overnight lending rate a quarter of a percentage