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Federal Reserve takes aggressive action to prevent a recession
The Federal Reserve on Wednesday raised interest rates by three-quarters of a percent. This was the central bank’s biggest rate hike since 1994, an aggressive step to try and control the rapid rise in inflation.
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By Washington Week
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The Federal Reserve on Wednesday raised interest rates by three-quarters of a percent. This was the central bank’s biggest rate hike since 1994, an aggressive step to try and control the rapid rise in inflation.
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