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Video: Fed Raises Interest Rates in Fight Against Inflation

November 3, 2022November 17, 2022 · Banking · By ReportWire
Video: Fed Raises Interest Rates in Fight Against Inflation

The Federal Reserve raised interest rates by three-quarters of a point in their sixth increase this year. Jerome H. Powell, the Fed chair, said “at some point” it would be appropriate to slow the pace of increases.

The Associated Press

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Tags: Banking and Finance, Federal Reserve, Inflation, Interest rate, Jerome Powell, us economy

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