BREAKING: Fed raises key interest rate for 3rd time this year and 5th since late 2015; keeps forecast for 3 hikes in 2018

Having trouble viewing this email? | View it in your browser   The Fed lifted its benchmark short-term rate by a quarter percentage point to a range of 1.25% to 1.5% and maintained its estimate of three rate increases next year despite low inflation as it boosted its growth forecast for next year to 2.5%. Monthly payments on credit cards, adjustable-rate mortgages and home equity lines are expected to rise in response to the rate hike. FOR THE LATEST NEWS VISIT:   USATODAY.COM     Help | Advertise | Home Delivery | Privacy Policy - Your California Privacy Rights     © 2017 USA TODAY, a division of Gannett Satellite Information Network, LLC. 7950 Jones Branch Drive, McLean, VA 22108