Federal Reserve Hikes Rates Again as Inflation Rages

by John Hugh DeMastri at CDN

The Federal Reserve announced an interest rate hike of 0.75 percentage points, bumping the range of the federal interest rate to between 3.75% and 4% following a Wednesday meeting of Fed policymakers. The rate hike matches investor expectations and is the fifth consecutive hike since March and the fourth at this aggressive pace since …

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Conservative Daily News
Author: John Hugh DeMastri

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