Fed vote unanimous for interest rate increase; expects 3 hikes in '17

Wednesday, December 14, 2016 - 15:01 in Mathematics & Economics

Doug G. WareWASHINGTON, Dec. 14 (UPI) -- As expected, the U.S. Federal Reserve voted Wednesday to raise key interest rates by a quarter point -- just its second rate hike in the last 12 months.

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