Fed raises interest rates for first time in a decade

ReutersNewsPublished: December 16, 20152 views
Published: December 16, 2015

The U.S. central bank's policy-setting committee raised the range of its benchmark interest rate by a quarter of a percentage point to between 0.25 percent and 0.50 percent, which Fed Chair Janet Yellen said marks the end of an extraordinary seven year period to support the economy's recovery. Rough Cut (no reporter narration).

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