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Federal Reserve expected to pause monthslong string of interest rate hikes

Por: ABC News Business June 14, 2023

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The is expected to pause its aggressive series of interest on Wednesday, ending a string of 10 consecutive rate increases that stretches back 15 months.The decision arrives a day after fresh data consumer prices rose 4% last month compared to a year ago, cooling more than economists expected and bolstering hopes that inflation will continue its steady return to normal levels.Inflation has fallen significantly from a peak last summer but remains... + full article



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