Business News

One, Two More Rate Hikes Won’t Make Big Difference to Economy: Strategist

The Federal Reserve kept interest rates unchanged on Wednesday, but signaled another half-of-a-percentage-point hike may be coming by the end of this year. The U.S. central bank acknowledged a stronger-than-expected economy and a slower decline in inflation.

NTD Business spoke with Sam Burns, chief strategist at Mill Street Research, to find out his thoughts on the Fed’s next move.

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