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Thursday, June 15 2017

Reported in a Reuters article:  The Federal Reserve raised interest rates on Wednesday for the second time in three months and said it would begin cutting its holdings of bonds and other securities this year, signaling its confidence in a growing U.S. economy and strengthening job market.  

 

The prime rate is now 4.25%, effective June 15, 2017.  Please make sure any adjustable participant loans and ESOP loans are updated.

Posted by: AT 05:49 am   |  Permalink   |  Email
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