Fed hikes rates half-point as Powell signals similar moves ahead
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The interest-rate increase is the biggest since 2000 and is the most aggressive policy action in decades to combat soaring inflation.
The Federal Reserve delivered the biggest interest-rate increase since 2000 and signaled it would keep hiking at that pace over the next couple of meetings, unleashing the most aggressive policy action in decades to combat soaring inflation.
The U.S. central bank’s policy-setting Federal Open M
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