Federal Reserve Chair Janet Yellen. The Fed raised US interest rates as expected in a widely telegraphed move. Photo: Reuters Federal Reserve Chair Janet Yellen. The Fed raised US interest rates as expected in a widely telegraphed move. Photo: Reuters
Federal Reserve Chair Janet Yellen. The Fed raised US interest rates as expected in a widely telegraphed move. Photo: Reuters

Federal Reserve, as expected, raises US interest rates by 25 bp

Rates go up for the second time in three months to a range of 1.00 to 1.25 per cent

Topic |   US Federal Reserve
Federal Reserve Chair Janet Yellen. The Fed raised US interest rates as expected in a widely telegraphed move. Photo: Reuters Federal Reserve Chair Janet Yellen. The Fed raised US interest rates as expected in a widely telegraphed move. Photo: Reuters
Federal Reserve Chair Janet Yellen. The Fed raised US interest rates as expected in a widely telegraphed move. Photo: Reuters
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