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Mar 15, 2017

03/15/2017: Take a (very small) hike

It’s official: The Federal Reserve is raising interest rates by a quarter of a percentage point, with two more hikes expected this year. We’ll talk through Chair Janet Yellen’s announcement. Then: President Donald Trump’s plan for a border adjustment tax seems like a straightforward enough way to encourage companies to buy American and hire American, but is it legal? Plus, the view from an Uber-less SXSW and the remarkable success of “Get Out.”

Federal Reserve Board Chairwoman Janet Yellen waves to members during a House Financial Services Committee hearing on Capitol Hill, February 25, 2015 in Washington, DC.
Federal Reserve Board Chairwoman Janet Yellen waves to members during a House Financial Services Committee hearing on Capitol Hill, February 25, 2015 in Washington, DC.
Mark Wilson/Getty Images

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It’s official: The Federal Reserve is raising interest rates by a quarter of a percentage point, with two more hikes expected this year. We’ll talk through Chair Janet Yellen’s announcement. Then: President Donald Trump’s plan for a border adjustment tax seems like a straightforward enough way to encourage companies to buy American and hire American, but is it legal? Plus, the view from an Uber-less SXSW and the remarkable success of “Get Out.”