Fed Raises Rates Again by 0.5 Percent, Committed to Curbing Inflation
This week, the Federal Reserve raised its benchmark interest rate by another 0.5 percent â its seventh consecutive increase in 2022. This December rate hike comes as the result of continued efforts to curb inflation, an uphill battle the Fed has been facing since the start of the pandemic. Still, the 0.5 percent increase is… View Article
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