Fed increases key interest rate and boosts economic forecast, but indicates no acceleration in rate hikes this year
by Jim Puzzanghera, Los Angeles Times
Mar 21, 2018
2 minutes
WASHINGTON - Federal Reserve officials on Wednesday forecast that economic growth will be faster through 2019 than they had expected in December before Congress enacted large tax cuts - but signaled they did not plan to accelerate the pace of interest rate hikes this year to keep the economy from overheating.
Such an acceleration wouldn't come
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