Federal Open Market Committee members announced that the Federal Reserve raised the target range of its key federal funds rate by 25 basis points.
The Dec. 14 rate hike to a range of 0.5% to 0.75% had been widely expected in financial markets.
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Federal Open Market Committee members announced that the Federal Reserve raised the target range of its key federal funds rate by 25 basis points.
The Dec. 14 rate hike to a range of 0.5% to 0.75% had been widely expected in financial markets.