Federal Reserve officials raised interest rates by 75 basis points for the third consecutive time and forecast they would reach 4.6% in 2023, stepping up their fight to curb inflation that’s persisted near the highest levels since the 1980s.
source https://www.livemint.com/news/world/us-fed-delivers-third-straight-hike-sees-more-increases-ahead-11663785083486.html
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