Fed raises interest rates, keeps 2018 policy outlook unchanged
Having raised its benchmark overnight lending rate three times this year, the Fed projected three more hikes in each of 2018 and 2019 before a long-run level of 2.8 per cent is reached.PHOTO: AFP
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Fed raises interest rates, keeps 2018 policy outlook unchanged
Having raised its benchmark overnight lending rate three times this year, the Fed projected three more hikes in each of 2018 and 2019 before a long-run level of 2.8 per cent is reached.PHOTO: AFP
