The Federal Reserve hiked rates by 25 basis points on Wednesday and indicated it would raise rates two more times this year, once more than market expectations before the announcement.
At the two-day meeting, the Federal Open Markets Committee (FOMC) voted to hike the Federal Funds target range to 1.75%-2% from the 1.5%-1.75% band, pointing to a stronger economic outlook. The FOMC...
Joe McDonnell joins as head of portfolio solutions (EMEA)
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