Federal Reserve projects

WASHINGTON | Federal Reserve projects further gradual hikes in key rate

WASHINGTON— The Federal Reserve said Friday it expects low unemployment and rising inflation will keep it on track to raise interest rates at a gradual pace over the next two years. By late 2019, the Fed says its key policy rate should be at a level that will be slightly restrictive for growth. The Fed’s … Continue reading WASHINGTON | Federal Reserve projects further gradual hikes in key rate