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Fed Announces Largest Interest Rate Hike Since 1994 ⁠— What That Means For You
Money

Fed announces largest interest rate hike since 1994 ⁠— what that means for you

June 15, 2022 Editorial Staff 2176 Views 0 min read
Fed Announces Largest Interest Rate Hike Since 1994 ⁠— What That Means For You

  • Federal Reserve raises benchmark interest rate 0.75 percentage point as it tries to calm inflation
  • Fed Hikes 75 Basis Points, Stock Rout Takes Breather

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