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Federal Reserve expected to hike rates again

Wed, 09/21/2022 - 11:08
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The Federal Reserve is expected to raise interest rates another three quarters of a point this week in its effort to bring down inflation, further increasing the strength of a rapidly rising dollar in the process. That’s increasingly being seen as a problem in Europe, where concerns about a recession are growing as currencies lose power to the U.S. dollar. Europe is also dealing with economic…

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