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Federal Reserve raises interest rate by a quarter-point, its eighth hike since March

Por: Orlando Sentinel Business February 02, 2023

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The Federal Reserve extended its fight against high inflation Wednesday by raising its key interest rate by a quarter-point, its eighth hike since March. And the Fed signaled that even though inflation is easing, it remains high enough to require further rate hikes. Though smaller than its previous hike — and even larger rate increases before that — the Fed’s latest move will likely further raise the costs of many consumer and business... + full article



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