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Federal Reserve Raises Interest Rates For 3rd Time In 2017

The Federal Reserve has announced it will raise interest rates a quarter percentage point, the latest sign of the growing strength of the U.S. economy. It’s the third rate increase this year.

Here & Now‘s Jeremy Hobson finds out more from Diane Swonk (@DianeSwonk) of DS Economics.

Copyright 2021 NPR. To see more, visit https://www.npr.org.