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Fed Raises Rates by 75 Basis Points


  On Wednesday, the US Federal Reserve (Fed) raised rates by 75 basis points, in line with most analysts’ forecasts. (This is a developing story and is being constantly updated.) “[…] the Committee decided to raise the target range for the federal funds rate to 1‑1/2 to 1-3/4 percent...

This Is Why Fed Might Attack Inflation More Aggressively


Veronika Dolar, Assistant Professor of Economics, SUNY Old Westbury._______ Inflation surged at the fastest pace in over 40 years in May 2022, pushing the Federal Reserve toward a more aggressive pace of interest rate increases to slow it down. While there’s concern it could cause unemployment...

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