Fed escalates its inflation fight with another big rate hike ...Middle East

Los Angeles Daily News - News
Fed escalates its inflation fight with another big rate hike
source : Los Angeles Daily News ( Middle East ) () 51
Intensifying its fight against chronically high inflation, the Federal Reserve raised its key interest rate Wednesday by a substantial three-quarters of a point for a third straight time, an aggressive pace that is heightening the risk of an eventual recession.

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