A television screen on the floor of the New York Stock Exchange shows the rate decision of the US Federal Reserve on Wednesday. Photo: AP

US Federal Reserve raises benchmark interest rate, sees possible acceleration in hikes

The US central bank now foresees four rate hikes this year, up from the three it had previously forecast

Topic |   Global interest rates

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A television screen on the floor of the New York Stock Exchange shows the rate decision of the US Federal Reserve on Wednesday. Photo: AP
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