Fed raises interest rates for first time in three years

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  • ‘You have to kill the economy to rescue it’ Fed announces interest rate hike

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    Fed raises interest rates for first time in three years

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04:21

The Federal Reserve on Wednesday agreed to raise interest rates for the first time in more than three years, approving an increase of a quarter percentage point, or 25 basis points. NBC’s Jo Ling Kent reports. Also joining Katy Tur is Roben Farzad, the host of Public Radio’s “Full Disclosure.” 

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