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US Fed hikes interest rates

by ChemOrbis Editorial Team -
  • 14/12/2017 (16:07)
The US Federal Reserve (Fed) raised interest rates for the third time this year by 0.25% mostly in line with the expectations.

Lower unemployment rates, larger business investments and increased output recorded this year were cited among the reasons behind the recent hike in the interest rates.

The Fed currently anticipates three additional hikes over the course of 2018, the media reported.
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