And the central bank is forecasting another three possible hikes in the next year as the US dollar surges to its highest value since February.
US raises interest rates, predicts more ahead
US Federal Reserve chairwoman Janet Yellen Source: AAP
The United States' Federal Reserve has marked the end of the country's post-global-financial-crisis recovery period, raising the key interest rate for just the second time in a decade. Image: US Federal Reserve chairwoman Janet Yellen (AAP)
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