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Fed Raises Charges by 75 Foundation Factors to Clamp Down on Inflation

by Index Investing News
July 27, 2022
in Financial
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The Federal Open Market Committee “is strongly dedicated to returning inflation to its 2% goal,” it stated in an announcement launched in Washington, repeating earlier language that it’s “extremely attentive to inflation dangers.” The FOMC reiterated it “anticipates that ongoing will increase within the goal vary shall be applicable,” and that it might modify coverage if dangers emerge that might impede attaining its objectives.





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