Fed lifts rates, Powell leaves door open to a different hike in September

Fed lifts rates, Powell leaves door commence to one more hike in September

© Reuters. FILE PHOTO: The U.S. Federal Reserve building is pictured in Washington, March 18, 2008. REUTERS/Jason Reed/ By Howard Schneider and Michael S. Derby WASHINGTON (Reuters) -The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday and Fed Chair Jerome Powell said the economy still needed to slow and