Federal Reserve projects further gradual hikes in key rate

By: Martin Crustsinger Associated Press July 13, 2018

The Federal Reserve said Friday it expects low unemployment and rising inflation will keep it on track to raise interest rates at a gradual pace in the next two years. By late 2019, the Fed says its key policy rate should be at a level that will be slightly restrictive for growth. The Fed's projection on ...

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Federal Reserve projects further gradual hikes in key rate

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