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Bobby

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http://www.reuters.com/article/us-usa-fed-idUSKBN1430G4


Fed raises rates, sees faster pace of increases in 2017

 
 
 
By Howard Schneider and Lindsay Dunsmuir | WASHINGTON

The U.S. Federal Reserve raised interest rates by a quarter point on Wednesday and signaled a faster pace of increases in 2017 as the Trump administration takes over with promises to boost growth through tax cuts, spending and deregulation.

The rate increase, regarded as a virtual certainty by financial markets in the wake of a string of generally strong economic reports, raised the target federal funds rate 25 basis points to between 0.50 percent and 0.75 percent. Bond yields and the dollar rose after the rate decision while stocks were mixed with financials and tech the only two sectors to show gains.


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Meatloaf

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Time to polish up on those REO skills.

Remember 35% between a c3 and a c4 REO.



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