Federal Reserve raises interest rates by 0.75%

Federal Reserve raises interest rates by 0.75%

The rate hike, which is the largest since 1994, is an effort to stave off inflation and slow the economy. SUBSCRIBE to ABC News: https://bit.ly/2vZb6yP WATCH MORE on http://abcnews.go.com/ LIKE ABC News on FACEBOOK: https://www.facebook.com/abcnews FOLLOW ABC News on TWITTER:…

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