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  1. Fed Raises Interest Rates 25 Basis Points

    by , 03-17-2022 at 11:52 AM
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    In an effort to combat inflation at 40-year highs, the Federal Reserve on Wednesday announced its widely expected decision to raise interest rates for the first time since December of 2018. The Fed said it has decided to raise the target range for the federal funds rate by 25 basis points to 0.25 to 0.5 percent.

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