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The Fed might be done with interest rate hikes: What you need to know.

Por: Politico Business May 04, 2023

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Federal Reserve Chair Jerome Powell’s list of worries beyond inflation is growing. Central bank officials on Wednesday announced another quarter-point interest rate hike — the 10th consecutive increase — but made clear that it could be the last one for a while. Turbulence in the banking industry following the collapse of three lenders is threatening to further slow the economy and cause strains in financial markets, and a possible default... + full article



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