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Fed Raises Interest Rates By 75 Basis Points Again As Investors Brace For Recession

Topline The Federal Reserve on Wednesday doubled down on its most aggressive economic tightening campaign in nearly three decades to help temper the nation’s stubbornly high inflation, raising interest rates by another 75 basis points as experts increasingly worry the shift in monetary policy could drive the economy into a recession—if it hasn’t already. Key…

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