Fed raises rates by 75 basis points to double down on inflation - Business News: Latest News & Videos about market and economy | Trendmergers

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Fed raises rates by 75 basis points to double down on inflation

The FOMC vote, which included two new members -- Vice Chair for Supervision Michael Barr and Boston Fed President Susan Collins -- was unanimous. Barr’s addition to the board earlier this month gave it a full complement of seven governors for the first time since 2013.

from Stocks-Markets-Economic Times
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