Interest rates. The U.S. Federal Reserve decided on Wednesday to raise interest rates by 0.5 percent in an attempt to control inflation. The Fed also announced that between June 1 and September, it will release up to $47.5 billion a month in Treasurys and mortgage-backed securities. The move comes as some financial experts are warning […]
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Daily Memo: The Fed Hikes Interest Rates
The move is a response to rising inflation.
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