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Fed holds steady, eyes two rate hikes this year

March 17, 2016 by · Leave a Comment 

The Federal Reserve held interest rates steady on Wednesday and indicated that moderate U.S. economic growth and “strong job gains” would allow it to tighten policy this year, with fresh projections showing policymakers expected two quarter-point hikes by the year's end, half the number seen in December. Inflation picked up in recent months,” the Fed said in a …

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Fed holds steady, eyes two rate hikes this year