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Business Highlights: Fed pain, student loans

Por: Associated Press Health September 20, 2022

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How much ‘pain’? Fed to signal more rate hikes aheadWASHINGTON (AP) — Federal Reserve Chair Jerome Powell bluntly warned in a speech last month that the Fed’s drive to curb inflation by aggressively raising interest rates would “bring some pain.” On Wednesday, Americans may get a better sense of how much pain could be in store. The Fed is expected at its latest meeting to raise its key short-term rate by a substantial three-quarters... + full article



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