Federal Reserve bumps interest rates 25 basis points higher in what may be its final hike

Federal Reserve bumps interest rates 25 basis points higher in what may be its final hike

City A.M.

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The US Federal Reserve today hiked interest rates for the tenth time in a row in what may be the world’s most influential central bank’s final increase. Chair Jerome Powell and the rest of the federal open market committee (FOMC), the group tasked with setting interest rates in the globe’s biggest economy, sent borrowing costs [...]

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