As Expected, Federal Reserve Delivers Rate Increase
March 21, 2018 at 14:37 PM EDT
As expected, the Federal Reserve (Fed) delivered its first rate increase of the year, raising the Fed Funds target a quarter point to its new range of 1.50% to 1.75%. Unlike last year’s March rate hike, this latest tightening move by the Fed was widely anticipated, and the policy makers did not...
