U.S. Fed raises interest rate, forecasts 3 hikes in 2018

U.S. Federal Reserve Chair Janet Yellen attends a news conference in Washington D.C., the United States, on Dec. 13, 2017. The U.S. Federal Reserve on Wednesday raised the benchmark interest rate by 25 basis points, the third such increase in 2017. (Xinhua/Yin Bogu)