US Fed makes quarter-point rate hike over high inflation | AFP
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US Fed makes quarter-point rate hike over high inflation | AFP
The US Federal Reserve raises interest rates by 25 basis points, its first hike in three years as the central bank battles high inflation with a move sure to anger President Donald Trump. "The committee is continuing its policy of maintaining ample reserves in the banking system," its chief, Kevin Warsh, tells a press conference in Washington ...
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