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Fed Foresees Rate Hike as Soon as Next Year

Fed Foresees Rate Hike as Soon as Next Year

By Christopher Rugaber | The Associated Press | September 23, 2021 | Reprints | Unlock Link

The Federal Reserve signaled Wednesday that it may start raising its benchmark interest rate sometime next year, earlier than it envisioned three months ago and a sign that it’s concerned that high inflation pressures may persist.

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