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Fed Raises Rates After a Pause and Leaves Door Open to More

Federal Reserve officials lifted borrowing costs by a quarter-point after pausing in June. They could rise more, but the central bank is not ready to commit.

Jeanna Smialek
Author: Jeanna Smialek

Written by

Jeanna Smialek

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Consumer Behavior, Federal Reserve System, Inflation (Economics), Interest Rates, Labor and Jobs, Powell, Jerome H, Prices (Fares, Fees and Rates), United States Economy
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