Tag: Increase
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Fed Ushers In Fourth Jumbo Rate Increase to Fight Inflation
The Federal Reserve has now raised interest rates six times this year as it tries to quash the fastest inflation in decades.
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Fed Prepares Another Rate Increase as Wall Street Wonders What’s Next
Federal Reserve officials are set to make a second abnormally large interest rate increase this week as they race to cool down an overheating economy. The question for many economists and investors is just how far the central bank will go in its quest to tame inflation. Central banks around the world have spent recent…