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Rate Hikes Probably Done, Fed Officials Say

At their final meeting of 2023 last month, members of the Federal Open Market Committee signaled that they thought the central bank’s campaign of interest rate increases had likely come to an end, according to meeting notes released Wednesday. The Fed raised its key interest rate to a range between 5.25% and 5.5% in July as part of its effort to bring inflation in the U.S. economy under control. Inflation has eased significantly since hitting a peak of 9.1% on a 12-month basis in June 202...
Market Committee Federal Open Market Committee Interest Rate Monetary Policy Decisions Target Range
Source: yahoo.com

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