SINGAPORE (Dec 24): The US Federal Reserve on Dec 19 raised interest rates for the fourth time this year — and the ninth since late 2015 — even as a sense of caution and unease continued to linger across financial markets over the past week. Despite pressure from US President Donald Trump on the Fed to leave rates unchanged, the central bank raised its benchmark interest rate by a quarter of a percentage point, to a range of 2.25% to 2.5%.   

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