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Federal 2015 Christmas Gift: Rate Increase

Federal 2015 Christmas Gift: Rate Increase

After seven years of the most accommodative monetary policy in U.S. history, the Fed on Wednesday, as widely expected, approved a quarter-point increase in its target funds rate. The new target will go from 0 percent to 0.25 percent to 0.25 percent to 0.5 percent. Most members expect the new ... Read More