Original article by Donna Borak
CNNMoney – Page: Online : 27-Sep-18

The Federal Reserve has increased the federal funds rate by 25 basis points to a range of 2% to 2.25% in a move than had been widely expected. It is the third interest rate rise in 2018, and a majority of Federal Reserve policymakers now favour a fourth increase in December. Central bank policymakers also anticipate three rate rises in 2019, while the Federal Reserve has upgraded its forecast for US economic growth in 2018 from 2.8% to 3.1%. However, growth is expected to slow to 2.5% in 2019.

CORPORATES
UNITED STATES. FEDERAL RESERVE BOARD, UNITED STATES. FEDERAL OPEN MARKET COMMITTEE