The Federal Reserve has raised its benchmark interest rate 0.25%, and reaffirmed its forecast for three rate rises this year. The central bank cited continued expansion in the labor market, âsolidâ job gains, rising household spending and firming business fixed investment in its decision.

More on this story: http://www.foxbusiness.com/markets/2017/03/15/federal-reserve-set-to-raise-short-term-rates.html

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