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Inflation Hits 3.4% as Fed Rate Decision Looms
CBS News·4d ago

Inflation Hits 3.4% as Fed Rate Decision Looms

4 mins · 5d ago
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Business· CBS News · 4d ago

Fed expected to hike interest rates for first time since 2023. See what it means for your money.

The Federal Reserve is likely to raise borrowing costs on Wednesday, and more hikes could be in store, according to economists.

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Why this is relevant

Analyzes inflation's impact on the upcoming Fed interest rate decision.

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