![The Fed hikes interest rates by 25 basis points, despite bank turmoil](https://cdn.newsserve.net/ONPglobe256.png)
The Fed hikes interest rates by 25 basis points, despite bank turmoil
Like Ted Lasso and Succession, the Federal Reserve’s interest rate hikes have apparently entered their final season. While the Fed increased interest rates by another 25 basis points yesterday (its ninth straight rate increase), it also signaled that troubles in the banking sector could lead it to…
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