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Fed hikes interest rates again, pencils in just one more rate rise in 2023

Por: MarketWatch Politics March 22, 2023

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In a statement, the Fed said the banking system was sound and resilient. Officials said that the recent stress in the sector would likely lead to tighter credit conditions and reduce economic growth, but “the extent of these effects is uncertain.” The Fed’s statement said that “some additional policy firming may be appropriate” to bring inflation back to its 2% target.  This language replaces a phrasing in previous statements that... + full article



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