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Federal Reserve Interest Rate Decision
On March 21, 2018, Federal Reserve chairman Jerome Powell announced at the Federal Open Market Committee meeting
, 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