Today News – Fed raises rates and says more coming, brushing off Trump jabs02:15

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Published on September 26, 2018

Today News – Fed raises rates and says more coming, brushing off Trump jabs

(Bloomberg)—Federal Reserve officials raised interest rates for a third time this year and reaffirmed their outlook for further gradual hikes well into 2019, risking fresh criticism from President Donald Trump. The quarter-point increase boosted the benchmark federal funds rate to a target range of 2 percent to 2.25 percent. The move reflected an upbeat assessment of the economy that was identical to the central bank’s last policy statement eight weeks ago, despite concerns over Trump’s escalati…

Source: http://c.newsnow.co.uk/A/2/956074432?-42097:28482:3

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