WSJ MoneyBeat

The Fed Hikes Interest Rates a Quarter Percent


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The Federal Reserve raised interest rates and outlined its plans to shrink its $4.5 trillion balance sheet. BMO portfolio manager Scott Kimball joins Stephen Grocer and Paul Vigna to look at what the central bank did on Wednesday, and what it plans to do in the future.
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WSJ MoneyBeatBy Paul Vigna and Stephen Grocer