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Fed raises interest rates first time in 10 yrs on US economic recovery

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Dec 17, 2015, 08:21:15 AM |

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Fed raises interest rates first time in 10 yrs on US economic recovery

The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signaling faith that the US economy had largely overcome the wounds of the 2007-2009 financial crisis.

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