Federal Reserve Interest Rate Decision
On March 21, 2018, Federal Reserve chairman Jerome Powell announced at the Federal Open Market Committee meeting in Washington, that the U.S. central bank has increased the target range for the federal funds rate to 1.50% – 1.75%.
Below are two articles with further analysis:
U.S. Federal Reserve nudges up interest rates again, expects more to come – from CBC News
Fed raises key rate and foresees 2 more hikes this year – from the National Post