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Fed approves 0.25% hike, softening rate increases again

Por: ABC7 World February 01, 2023

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by slowing the economy and choking off demand. The approach, however, risks tipping the U.S. economy into and putting millions out of work.The Fed's decision comes weeks after a government report showed that inflation slowed in December, marking six consecutive months of easing price increases.At a press conference on Wednesday, Fed Chair Jerome Powell vowed to continue the fight against inflation. While acknowledging that inflation has... + full article



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