Fed Raised Rates Without a Hitch, and It Only Took $105 Billion

Bloomberg Fed Raised Rates Without a Hitch, and It Only Took $105 Billion Bloomberg The Federal Reserve succeeded in nudging borrowing costs higher Thursday after its first interest-rate increase since 2006, and policy makers only needed to siphon $105 billion from money-market funds to achieve their goal. Led by Chair Janet Yellen ... and more »...(read more)

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