Fed hikes rates by 0.75 percentage point, flags slowing economy By Reuters - Investing.com

Fed unveils biggest rate hike since 1994, flags slowing economy

By Howard Schneider and Ann Saphir WASHINGTON (Reuters) - The Federal Reserve raised its target interest rate by three-quarters of a percentage point on Wednesday to stem a disruptive surge in infla… [+3884 chars]

full article...