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What the US Fed really did: Read full text of the FOMC statement – Economic Times

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Economic Times

What the US Fed really did: Read full text of the FOMC statement
Economic Times
The US Fed on Wednesday raised bank rates by 25 basis points on expected lines. It also announced plans for unwinding by initially trimming reinvestment in treasury securities by $6 billion per month. Here is the full text of the Fed statement issued
US Fed raises rates by 25 bps, on course for one more hike in 2017Business Standard
US Fed raises key rate to a range of 1 to 1.25 pct, unveils plan to reduce bond holdingsFinancial Express
Treasuries pare gain, US stocks mixed after US Fed rate hikeLivemint
CNBC –Washington Post –The Guardian –Business Insider
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