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Interest rates rise for first time in four years

” WASHINGTON (AP) — The Federal Reserve on Wednesday raised interest rates for the first time in four years, reversing course as the economy strengthened. Policy-makers signaled only slow increases ahead in the rock-bottom rates Americans have enjoyed. Wall Street rallied modestly on the Fed’s continued promise of a “measured” pace for future rate increases as the Dow Jones industrial average ...

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Source: North Texas Daily

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