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Fed raises interest rates a quarter point despite recent banking turmoil

Por: Fox Business Business March 22, 2023

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Ben Levisohn, Carleton English and Kristen Bellstrom discuss the impact on investments and savings from the bank crisis and how a TikTok ban would affect the tech industry, as well as high vacation prices. The on Wednesday raised its benchmark interest rate by a quarter of a point, forging ahead with its fight against stubborn inflation despite a spate of bank failures and a growing crisis within the financial sector.  The unanimous decision... + full article



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