Fed Rate

Fed raises rate and sees more hikes as US economy improves

WASHINGTON/March 15, 2017 (AP)(STL.News) — The Federal Reserve has raised its benchmark interest rate for the second time in three months and forecast two additional hikes this year. The move reflects a consistently solid U.S. economy and will likely mean higher rates on some consumer and business loans. The Fed’s key short-term rate is rising … Continue reading Fed raises rate and sees more hikes as US economy improves