Comment on Federal Reserve raises its key rate for 11th time by a quarter-point in its drive to slow inflation

Federal Reserve raises its key rate for 11th time by a quarter-point in its drive to slow inflation

The Federal Reserve raised its key interest rate for the 11th time in 17 months, a streak of hikes that are intended to curb inflation but that also carry the risk of going too far and triggering a recession.

 

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