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Market and Economy | 2 Min Read

The Fed’s Decision Is As Expected

What Happened?   As expected, the Federal Open Market Committee raised its benchmark interest rate by 0.75% to a range of 2.25%–2.50%. The policy rate is now at the lower end of the range the Fed believes is “neutral”—the rate that neither stimulates nor constrains the US economy. As it relates to future hikes, Chair

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