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Despite a promising inflation report, the Fed's work in taming surging prices is far from over.
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This is a discussion on The News / Hottest within the Analytics and News forums, part of the Trading Forum category; Despite a promising inflation report, the Fed's work in taming surging prices is far from over. more......
Despite a promising inflation report, the Fed's work in taming surging prices is far from over.
more...
In an announcement, Fed officials acknowledged that inflation has “eased somewhat,” but cautioned it remains “elevated,” and that additional rate increases “will be appropriate” in order to further ease rising prices.
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Despite recent turmoil in the banking industry, the Federal Reserve on Wednesday announced that is has decided to continue raising interest rates. The Fed said it has decided to raise the target range for the federal funds rate by another 25 basis points to 4.75 to 5.0 percent.
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