Published on Dec 20, 2017 The Federal Reserve raised short-term interest rates by a quarter point last week as the U.S. economy continues to be on get healthier. The rate hike, which was widely expected, was the third this year as Policy makers pointed to the lower number of unemployed workers, increased spending by households, and bigger investments by businesses in recent quarters. This is the fifth time the Fed has lifted interest rates since the 2008 financial crisis and will now hover in a range of 1.25% to 1.5%. Overall, rates are still historically low. The Fed put