acceleration in hikes

WASHINGTON | Fed raises key rate and sees possible acceleration in hikes

WASHINGTON (AP) — The Federal Reserve took note of a resilient U.S. economy Wednesday by raising its benchmark interest rate for the second time this year and signaling that it may step up its pace of rate increases. The Fed now foresees four rate hikes this year, up from the three it had previously forecast. … Continue reading WASHINGTON | Fed raises key rate and sees possible acceleration in hikes