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Fed raises key interest rate for the first time since 2023 to quell high inflation (Video)

The Federal Reserve raised its benchmark interest rate by a quarter-point to about 3.9% on Wednesday, marking its first hike since 2023 in an effort to combat stubbornly high inflation.

#federalreserve #economy #news

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Fed raises key interest rate for the first time since 2023 to quell high inflation (Video)

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