The Federal Reserve raised short-term interest rates by a quarter of a percentage point, a widely expected move.
The central bank also indicated that most of its voting members continue to forecast two more rate increases will occur this year.
Here & Now‘s Meghna Chakrabarti speaks with Michael Regan ( @Reganonymous) of Bloomberg News about the impact of Wednesday’s decision.
Editor’s Note: The audio atop this post will be updated.
With reporting from The Associated Press
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