The Federal Reserve today unanimously decided to raise interest rates for the first time in three years, and signaled further hikes may come this year; the move will test the delicate relationship between President Trump and newly appointed Fed Chair Powell. Central bankers worldwide are growing increasingly concerned that inflation is not on track to return to its 2% target, amid rising oil prices and heightened investment in artificial intelligence.

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Original article: toutiao.com/article/1876557578600457/

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