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    Fed Raises Interest Rates Again As Economy Rolls On

    Policymakers increased a key rate for the third time this year. The quarter-point move indicates the Fed is confident in the economy as it continues to recover from the financial crisis.
    by John Ydstie Dec 13, 2017 2 minutes
    Federal Reserve Chair Janet Yellen, who will step down in February, has said she thinks the forces that have been holding inflation down are temporary and that she expects it will soon be on the rise again.

    Updated at 2:12 p.m. ET

    For the third time this year and the fifth time since the financial crisis, the Federal Reserve has increased interest rates another quarter of a point.

    Fed policymakers announced an increase in the benchmark federal funds rate to a range of 1.25 percent to

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