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US Fed Anticipates Prolonged Period of High Interest Rates

by Index Investing News
November 21, 2023
in Opinion
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US Fed Anticipates Prolonged Period of High Interest Rates | Report

November 21, 2023   |   Tags: LIBERTY LOFT

US Fed Anticipates Prolonged Period of High Interest Rates

The Federal Reserve made an announcement on November 1 regarding the decision to maintain interest rates at a 22-year high for the second consecutive meeting. This decision is part of the Fed’s strategy to effectively reduce inflation and ensure it remains at its desired long-term target of two percent. The intention behind this approach is to achieve these goals without negatively impacting the robust state of the economy.

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