benchmark lending rate - Providence Business News

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THE FEDERAL RESERVE unanimously voted to lift the federal funds rate target range from 1.5 percent to 1.75 percent. BLOOMBERG FILE PHOTO/ANDREW HARRER

Fed raises rates, steepens path of hikes as outlook strengthens

Economic Activity 03/21/2018

NEW YORK - Federal Reserve officials, meeting for the first time under Chairman Jerome Powell, raised the benchmark lending rate a quarter-point and forecast a...

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