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U.S. FRB raises interest rate, minimal impact on auto sales
The U.S. Federal Open Market Committee (FOMC) has decided to raise the target range for the federal funds rate to 1/4 to 1/2 percent from a rate near zero for the last 8 years.
The Committee judges that there has been considerable improvement in labor market conditions this year, and it is reasonably confident that i....
The Committee judges that there has been considerable improvement in labor market conditions this year, and it is reasonably confident that i....
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