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Fed Ushers In Fourth Jumbo Increase in Interest Rates to Fight Inflation

The Federal Reserve has now raised interest rates six times this year as it tries to quash the fastest inflation in decades.

Jeanna Smialek
Author: Jeanna Smialek

Written by

Jeanna Smialek

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