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Blog Post – December 2022

 

Fed raises rate by 0.5 percent

Jerome Powell, the head of the Federal Reserve, announced a 0.5 percentage point increase in interest rates on Wednesday and stated that the Fed anticipates further increases to be likely.

 

Wall Street Journal Article:
https://www.wsj.com/articles/fed-raises-rate-by-0-5-percentage-point-signals-more-increases-likely-11671044561

 

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