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Fed announces third consecutive 75-basis point rate hike

Por: Fox Business Business September 24, 2022

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The Federal Reserve announced its third consecutive 75-basis point rate hike on Wednesday as it continues to battle high inflation. (iStock) The once again raised interest rates by 75 basis points on Wednesday. This marked the third consecutive 75-basis point increase and the fifth rate hike this year.  The move came as the Fed continues to fight high inflation, which . This was a slight improvement from July but still remains near the 40-year... + full article



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