Federal Reserve hikes interest rates by 25 basis points
Federal Reserve hikes interest rates by 25 basis points, as expected. Fed raises target interest rate to 2.00 - 1.75 percent,
FOMC median forecast signals two more 2018 hikes
FOMC median shows funds rate at 2.4% end 2018, 3.1% end 2019. FOMC vote was unanimous
Fed sees slightly higher 2018 GDP growth, lower unemployment in 2018-2020, higher inflation in 2018-19 vs the previous forecast.
13 Jun 18 (Wed)
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