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Dow Jumps 400 Points After Fed Hikes Rates By 75 Basis Points

Updated Jul 27, 2022, 04:03pm EDT Topline The stock market jumped on Wednesday after the Federal Reserve raised interest rates by 75 basis points for the second consecutive month in a row, with Fed Chair Jerome Powell hinting that the central bank could slow the pace of rate hikes later this year. Key Facts Stocks…

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