Fed raises rates, keeps forecast for 3 hikes in 2018

The Federal Reserve raised its key interest rate and kept its forecast for three hikes in 2018 amid modest inflation Fed raises rates, keeps forecast for 3 hikes in 2018 The Federal Reserve raised its key interest rate and kept its forecast for three hikes in 2018 amid modest inflation Check out this story on USATODAY.com: https://usat.ly/2DL2wlt Jerome Powell listens to President Trump announce him as Trump's nominee for Chair of the Board of Governors of the Federal Reserve System, in the Rose Garden of the White House in Washington on Nov. 2, 2017. If confirmed, Jerome Powell will succeed Janet Yellen as chair of the US central bank.

6 Must-Ask Questions of All Nominees for the Federal Reserve System

This week, the Trump administration's first Federal Reserve nominee, Randal Quarles, is being vetted by the U.S. Congress . Since the Great Recession, the Fed has been one of the most important institutions in helping the economy recover and getting Americans back to work.

‘Economikes’: the gatekeepers of Clinton’s economic policy

Democratic U.S. presidential candidate Hillary Clinton speaks during the Democratic U.S. presidential candidates' debate in Flint, Michigan, March 6, 2016. International Monetary Fund's Economic Counsellor and Director of the Research Department Simon Johnson and Deputy Director Charles Collyns hold a press briefing on the release of the IMF's World Economic Outlook at the IMF Headquarters in Washington July 17, 2008.