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U.S. Federal Reserve boosts interest rate for third time this year, sticks to three-hike outlook for 2018
http://business.financialpost.com/news/economy/u-s-federal-reserve-boosts-benchmark-rate-for-third-time-this-year

Federal Reserve officials followed through on an expected interest-rate increase and raised their forecast for economic growth in 2018, even as they stuck with a projection for three hikes in the coming year.

“This change highlights that the committee expects the labour market to remain strong, with sustained job creation, ample opportunities for workers and rising wages,” Chair Janet Yellen told reporters Wednesday in Washington following the decision. In her final scheduled press conference before before stepping down on Feb. 3, Yellen also said she would do her utmost to ensure a smooth transition to her nominated successor, Jerome Powell.