The Federal Reserve raised interest rate by a quarter point today and signaled another hike is at least on the table in coming months amid a solid economy. The federal funds rate was changed from 5.25% to 5.5%. This is the highest level in 22 years.
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The Federal Reserve raised interest rate by a quarter point today and signaled another hike is at least on the table in coming months amid a solid economy. The federal funds rate was changed from 5.25% to 5.5%. This is the highest level in 22 years.