Federal Reserve raises key interest rate in vote of economic confidence

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The Federal Reserve has raised its benchmark interest rate for the third time in six months, providing its latest vote of confidence in a slow-growing but durable economy. The Fed also announced plans to start gradually paring its bond holdings later this year, which could cause long-term rates…

fromhttp://www.baltimoresun.com/business/ct-federal-reserve-raises-interest-rate-20170614-story.html

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