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US Federal Reserve raises rates to 22-year-high as it continues fight against inflation

US Federal Reserve raises rates to 22-year-high as it continues fight against inflation

The latest quarter-percentage-point rise, which was in line with analysts' expectations, is the Fed's 11th since it began an aggressive campaign of monetary tightening last March in response to rising prices.


User: euronews (in English)

Views: 9

Uploaded: 2023-07-27

Duration: 01:42

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