Saturday, June 17, 2017
THE POST 06/17/2017 ECONOMIC OUTLOOK BRIGHT!
Fed Raises Interest Rates - Economic Outlook Bright
| by Alice Greene |
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With impressive unemployment rates and unexpectedly low inflation, the Federal Reserve now has room to raise interest rates. This Wednesday, they announced the third rate hike since December.
The quarter point increase "reflects the progress the economy has made," said Federal Reserve chair Janet Yellen.
In May, the unemployment rate fell to 4.3% - the lowest it's been since ...
Lee S. Gliddon Jr.
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