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Read More »Fed Boosts Rates by Quarter Point to 4.25 Percent
In a widely expected move, the Federal Reserve raised a key interest rate by a quarter-percentage point to 4.25 percent and signaled that while it is not yet done raising rates, its 1-1/2 year credit-tightening campaign has entered a final stage. The U.S. central bank’s rate-setting Federal Open Market Committee …
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