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Fed raises interest rates, expects 2 more hikes this year

This was the seventh interest-rate hike since late 2015, when the Federal Reserve first began lifting interest rates from almost zero. It kept borrowing costs that low after the financial crisis to encourage businesses and consumers to spend and grow the economy.
Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee.

Fed raises interest rates, signals 2 more hikes in 2018

The Federal Reserve is expected to raise rates, but there's suspense about the rest of 2018.
Bank of England Governor Mark Carney speaks during the central bank's quarterly inflation report press conference in the City of London, Britain, February 8, 2018.

Get ready for higher rates: Bank of England upgrades growth forecasts and signals hikes are on the way

The Bank of England left its base interest unchanged at 0.5% on Thursday.
Federal Reserve Chair Yellen testifies before Congressional Joint Economic Committee in Washington

Only one thing matters at Wednesday’s Fed meeting

The Federal Reserve is widely expected to raise rates at its December policy meeting, making what it signals about future increases more of the focus.

Draghi says ECB could still cut rates despite the bank effectively saying the opposite

"On the current expectation, I don't expect lower interest rates, but you ask me: 'In case things were to worsen are you ready to lower interest rates?' the answer is 'yes'."

Bank of Canada holds, says ‘economic slack remains’

The BOC kept its key interest rate at 0.50%.