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Federal Reserve bumps interest rate by 0.75%

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2022
... Fed will raise the funds rate to 4.25%-4.5% by early next year before taking a U-turn in policy. Meanwhile, Barclays Research said: "With [Federal Reserve chair Jerome] Powell suggesting a high bar for slowing the pace of hikes, we now expect another ...
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