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Fed Raises Interest Rates Another 75 Basis Points—Further Pushing Borrowing Costs To Highest Level Since Great Recession

Updated Nov 2, 2022, 03:39pm EDT Topline The Federal Reserve on Wednesday signaled it may soon ease up on its most aggressive economic tightening campaign in three decades as it raised interest rates by another 75 basis points—further pushing borrowing costs to the highest level since the Great Recession in order to help temper the…

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