Fed Raises Rates; Another Hike Possible
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Jan 31, 3:29 PM (ET)
By MARTIN CRUTSINGER
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(AP) On his last day as chairman of the Board of Governors of the Federal Reserve System, Alan Greenspan...
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WASHINGTON (AP) - The Federal Reserve on Tuesday nudged a key interest rate up to the highest level in nearly five years and left the door open for at least one more rate hike as Alan Greenspan brought his long tenure as chairman to a close.