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Fed hikes interest rates by 75 basis points for fourth straight meeting

Por: Fox Business Business November 02, 2022

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Former Treasury Department international economist David Beckworth discusses if the Fed is frustrated about not curbing inflation as much as they would like on 'Cavuto: Coast to Coast.' The on Wednesday raised its benchmark interest rate by 75 basis points for the fourth straight month as it struggles to bring runaway inflation under control, a move that threatens to further slow U.S. economic growth and exacerbate financial pain for... + full article



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