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Added on : 2017-06-15 14:17:26

The Federal Reserve raised interest rates for the second time this year, citing continued economic growth. The US central bank voted to raise its key rate target to a range of 1% to 1.25%, the highest level since 2008 financial crisis. The bank further said it would begin cutting its bond holdings and other securities this year.

Editor & Publisher : Dr Dhimant Purohit

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