Fed raises rates, opens door to pause in tightening cycle
WASHINGTON – The Federal Reserve moved its management of the post-pandemic economic recovery into a new phase on Wednesday with what may be the last in a historic series of interest rate hikes and heightened attention to credit and other economic risks. The U.S. central bank raised its benchmark overnight interest rate by a quarter of a percentage … Continue reading Fed raises rates, opens door to pause in tightening cycle
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