Fed raises rates, gives details on balance sheet reduction

WASHINGTON, (Reuters) – The Federal Reserve raised interest rates on Wednesday for the second time in three months, citing continued U.S. economic growth and job market strength, and announced it would begin cutting its holdings of bonds and other securities this year.

from Reuters: Top News http://uk.reuters.com/article/uk-usa-fed-idUKKBN1952NE?feedType=RSS&feedName=topNews

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