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Fed Signals at Least Three More Rate Hikes in 2018

(VOA): U.S. Federal Reserve officials voted to raise the central bank's benchmark interest rate by a quarter of a percent this week, signaling perhaps three or more rate hikes this year as economic conditions improve. But as Mil Arcega reports, rising rates mean higher borrowing costs for consumers, many who have yet to see a significant increase in wages.

(This story has not been edited by N24 staff and is Voice Of America auto-generated from a RSS feed)

Published Date: Friday, March 23rd, 2018 | 12:45 AM

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