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December 16th Mid-Week Market Update

Posted on December 16, 2015 in News

The U.S. Federal reserve just raised interest rates for the first time in nearly a decade. The central bank hiked rates by 25 basis points bringing the Fed Funds target rate to .25 to .50 percent. Today‚Äôs hike brings the end to a seven year run of near-zero interest rates and was initiated with a…

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