Stocks extended tentative gains Wednesday after the Federal Reserve bumped up key short-term interest rates for the first time since 2006, a welcome vote of confidence in the U.S. economy. The Fed also emphasized its willingness, so far, to slowly wean Wall Street and Main Street off ultra-low borrowing conditions.
Stocks extended tentative gains Wednesday after the Federal Reserve bumped up key short-term interest rates for the first time since 2006, a welcome vote of confidence in the U.S. economy. The Fed also emphasized its willingness, so far, to slowly wean Wall Street and Main Street off ultra-low borrowing conditions.
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