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Fed Raises Rates, Trims Forecast for Hikes in 2019 From Three to Two

The Federal Reserve raised borrowing costs for the fourth time this year Dec. 19, ignoring a stock market sell-off and defying pressure from President Donald Trump, while dialing back projections for interest rates and economic growth in 2019.
Fed Raises Rates, Trims Forecast for Hikes in 2019 From Three to Two
Source: TTNews.com