Fed delivers third-straight big hike, sees more increases ahead
Federal Reserve officials raised interest rates by 75 basis points for the third consecutive time
Federal Reserve officials raised interest rates by 75 basis points for the third consecutive time and forecast they would reach 4.6% in 2023, stepping up their fight to curb US inflation that’s persisted near the highest levels since the 1980s. Wednesday’s decision by the Federal Open Market Committee, which was unanimous, lifts the target range […]
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