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US Federal Reserve Raises Interest Rates By 0.75% In Fight Against Elevated Inflation

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  • Published On: November 03, 2022
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The US Federal Reserve has yet again raised key interest rates in its fight against red-hot inflation in the country. It raised the key policy rate by 75 basis points to over a decade high at 3.75-4.0 per cent in its latest monetary policy meeting.

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