Drama but little trauma in Fed's interest rate hike - OCRegister
OCRegister | Drama but little trauma in Fed's interest rate hike OCRegister Capping months of anxious anticipation and gigabytes of global speculation, the Federal Reserve on Wednesday raised its benchmark interest rate by a quarter of a percentage point, its first hike in nearly a decade. In Orange County, as in the nation as ... Asia Welcomes Fed Move as Policy Makers Warn of Outflow Risks Asian stocks, dollar, climb as Fed takes a first step US Federal Reserve raises interest rates as European markets prepare to open: live |