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Clock on the Fed's 'soft landing' may already be ticking

Throughout the Federal Reserve's drive to kill inflation, policymakers have focused on raising the benchmark overnight interest rate high enough to do the job and getting it there fast enough to keep the public from losing faith. The Fed last week raised its policy rate to the 5.25%-5.50% range, the 11th increase in the last 12 meetings.
United States Howard Schneider Lindsay Owens Paul Simao Dan Burns Thomas Simons
Source: yahoo.com

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