Home Business Fed raises interest rates, sees 'some further' hikes ahead Business Fed raises interest rates, sees 'some further' hikes ahead By Genpie - December 19, 2018 226 0 Facebook Twitter Google+ Pinterest WhatsApp The U.S. Federal Reserve raised interest rates on Wednesday, as expected, but forecast fewer rate hikes next year and signalled its tightening cycle is nearing an end in the face of financial market volatility and slowing global growth.