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Tag: United States Economy
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The Fed Raises Interest Rates by 0.75 Percentage Points to Tackle Inflation
Central bankers raised interest rates by three-quarters of a percentage point, and signaled that they expect rates to be sharply higher by the end of the year.
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The Fed Should Make Amends for Its Mistakes
A 75-basis-point increase, along with the will to tackle inflation aggressively, would shore up the bank’s shaky credibility.
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The Claws of a Bear Market
Can the Federal Reserve and the White House tamp down inflation without sending the U.S. economy into a recession?