June 2017 Fed Meeting: 7 Questions (and Answers)

The Federal Reserve raised the federal funds rate at its meeting today. This marks the second of three expected rate hikes by the central bank for 2017. As it did in March, the Fed voted to raise the federal funds rate by a quarter of a percentage point, to a range of 1% to 1.25%….

from NerdWallet
https://www.nerdwallet.com/blog/investing/fed-rate-hike-questions-answers/

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