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Another interest rate hike may be ahead as Fed battles inflation

Another interest rate hike may be ahead as Fed battles inflation
Photo: KXXV (ABC 25) News · view original

Federal Reserve Chairman Kevin Warsh said Friday he wont prejudge what the U.S. central bank will do about interest rates at its upcoming meetings in October and December. The Fed increased its key interest rate by a quarter-point to about 3.9% in September, its first increase in three years, and...

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