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Fed hikes rates to highest since dot-com bubble. The central bank’s key overnight rate will rise to a range of 5.25% to 5.5%. That is higher than it has been in decades. (www.washingtonexaminer.com) 🤑 MONEY COLLAPSE 💥
posted ago by GDZeus ago by GDZeus +256 / -0
Fed hikes rates to highest since dot-com bubble as anti-inflation campaign winds down
The Federal Reserve hiked interest rates Wednesday in what is expected to be the end of its campaign, launched hurriedly last year, to counter historic inflation by increasing borrowing costs.
www.washingtonexaminer.com
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