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Fed Raises Rates for First Time in 2016, Anticipates 3 Increases in 2017 Central bank will nudge up the federal-funds rate by a quarter percentage point to between 0.50% and 0.75% Federal Reserve Chairwoman Janet Yellen explains the decision to raise the federal-funds rate by a quarter percentage point, and the expectation for further increases in 2017.
the federal reserve left its target range for the fed funds rate unchanged at 0 to 0 25 percent on september 17th 2015 showing concerns that recent global economic and financial developments may restrain economic activity and put further downward pressure on inflation in the near termed rate hike still possible this year an initial increase in the federal funds rate later this year would still be appropriate depending on economic data federal reserve chair janet yellen said in a speech at the university of massachusetts published on 2015 09 24