Fed to increase rates by 0.25% with plan to continue raising rates till inflation is controlled

Fed to increase rates by 0.25% with plan to continue raising rates till inflation is controlled

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A solid majority of Federal Reserve officials agreed at their last policy meeting to slow the pace of increases in the U.S. central bank's benchmark overnight interest rate to a quarter of a percentage point, but also agreed the risks of high inflation remained a "key factor...

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