FMG 1.20% $21.41 fortescue ltd

Iron ore price, page-78

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    U.S. government debt prices were higher on Wednesday after the Federal Reserveannounced an interest rate hike.

    The central bank raised rates by 0.25 pointsand signaled two more hikes this year. Wednesday's hike moves the overnight federal funds rate to a target range of 0.75 percent to 1 percent.
 
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