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Fed minutes point to more rate hikes quicker than the market anticipates

Summary by Ground News
All participants at the Federal Reserve’s May 3-4 policy meeting backed a half-percentage-point rate increase to combat inflation they agreed had become a key threat to the economy’s performance and was at risk of racing higher without central bank action, newly released minutes of the session showed.

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  • 64% of the sources are Center
64% Center
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MY Northwest broke the news in Tacoma, United States on Wednesday, May 25, 2022.
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