Federal Reserve boosts lending rates for first time under Obama

(Before It's News)

It’s Your Backyard Ventura County After one of the longest wind-ups in monetary policy history, the Federal Reserve on Wednesday delivered a small brushback pitch to the American market, raising its key lending rate by a quarter of a percentage point for the first time in nine years. The decision, meant to head off future inflationary pressure as the U.S. […]

Tags:  Federal Reserve, interest rates, Janet Yellen, raise rates

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