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Slow rate rise called good for insurers.(Interest Rates)(Brief Article)

THE FEDERAL OPEN MARKET Committee raised the federal funds target rate 25 basis points to 1.25% from 1%, a change analysts say will have good impact on the insurance industry.

The FOMC, comprised of heads of the Federal Reserve system, said in a statement that "even after this action, the stance of monetary policy remains accommodative and, coupled with robust underlying growth in productivity, is providing ongoing support to ...

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