Fed raises interest rate by 0.25 percent in first increase since 2006 The Federal Reserve raised its federal funds rate by 0.25 percent on Wednesday, the first increase in the benchmark since 2006. R
Fed raises interest rate by 0.25 percent in first increase since 2006 The Federal Reserve raised its federal funds rate by 0.25 percent on Wednesday, the first increase in the benchmark since 2006. R
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