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The Fed raises interest rates for the first time since July 2023

The Fed raises interest rates for the first time since July 2023
Photo: KVIA ABC-7 · view original

By Bryan Mena, CNN Washington (CNN) — The Federal Reserve on Wednesday raised interest rates for the first time in more than three years in a renewed fight against inflation, which has picked up since early in the year due to the war with Iran. Officials voted to raise their benchmark lending rat...

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