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Federal Reserve raises key interest rate .25%

Name: Federal Reserve raises key interest rate .25%
Uploaded: 2016-12-14T15:57:32-0500
Duration: 7 min 13 s
Description: The Federal Reserve announced Wednesday that it will raise a key interest by one-quarter of a percentage point. Rick Newman, columnist for Yahoo! Finance, explains how this will affect the average American.

The Federal Reserve announced Wednesday that it will raise a key interest by one-quarter of a percentage point. Rick Newman, columnist for Yahoo! Finance, explains how this will affect the average American.