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Fed hikes benchmark interest rate for 4th time this year l GMA

Posted

July 28, 2022

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The Federal Reserve raised interest rates by another three-quarters of a percentage point to tamp down inflation.

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US economy shrinks for a 2nd quarter, raising recession fear

#ABCNews #federalreserve #interestrates #inflation #economy #recession

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Fed hikes benchmark interest rate for 4th time this year l GMA · ABC News · Sentinel