Fed slows rate hike to 0.5%, but signals higher peak rate ahead By Investing.com

Fed slows rate hike to 0.5%, but signals higher peak rate ahead By Investing.com

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By Yasin Ebrahim Investing.com -- The Federal Reserve raised interest rates by 0.5% on Wednesday, laying out the carpet for a slower pace of hikes ahead, but signaled that rates will have move higher than previously projected as inflation remains well above target. The Federal Open Market…

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