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  1. Fed Raises Rates By Another Quarter Point, Hints Tightening Cycle Nearing End

    by , 03-27-2023 at 01:46 AM
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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.