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Federal Reserve Chair Jerome Powell likely to be pressed on whether Fed will slow rate hikes

Por: ABC7 World November 02, 2022

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WASHINGTON -- Looming over the Federal Reserve meeting that ends Wednesday is a question of intense interest: Just how high will the Fed's inflation-fighters raise interest rates - and might they slow their rate hikes as soon as next month?The Fed on Wednesday is expected to announce a hefty three-quarter-point hike in its key short-term rate - its fourth straight - which will lead to still-higher loan rates for many businesses and... + full article



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