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The Federal Reserve is expected to raise rates, but unique challenges could slow its pace

Summary by Ground News
The Federal Reserve is expected to take action to raise interest rates Wednesday. The Fed's goal is to slowly and gently tamp down inflation without slowing the economy. The job of the Fed to coax down inflation and encourage growth is a delicate dance. If the hike stays at just one increase, that is relatively manageable for most.

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CBS NewsCBS News

The Fed hiked interest rates for the first time since 2018. Here's how that could hit your wallet.

Americans could soon pay more to borrow. One expert says it may be hard to give up the "easy money mentality."

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AsahiAsahi

US Fed decides to raise interest rates. Zero interest rate policy ends to curb price increases: Asahi Shimbun Digital

On the 16th, the Federal Reserve Board (FRB) decided to raise interest rates after the zero interest rate policy that had been in effect since March 2020, when the corona crisis struck. The aim is to tighten the overheating US economy and curb price increases for the first time in about 40 years. Russian U ...

·Tokyo, Japan
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KRDOKRDO

Federal Reserve hikes interest rates for the first time since 2018

By Anneken Tappe, CNN BusinessThe Federal Reserve is raising interest rates for the first time since 2018, the central bank announced Wednesday at the conclusion of its highly anticipated two-day monetary policy meeting.The move marks the end of the Fed’s pandemic-era easy money policy and comes amid soaring inflation across America. The federal funds rate now stands at 0.25-0.5%.The quarter-percentage-point increase had been well telegraphed by…

·Colorado Springs, United States
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Raw StoryRaw Story

Fed set to raise interest rates to rein in inflation

US central bankers on Wednesday are poised to take the first step to raise borrowing costs in a bid to cap rising inflation before it surges out of control. The Federal Reserve will have to walk a tightrope to ensure its efforts don't derail the recovery from the Covid-19 pandemic as Russia's invasion of Ukraine introduces new uncertainty in an economy battered by supply chain snarls and labor shortages. "There is no good answer to that in any…

·United States
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The HillThe Hill

Fed to likely to raise interest rates: Here's how it might affect you

The Federal Reserve is set to hike interest rates for the first time since slashing them to near zero levels amid the onset of the pandemic two years ago.

·Washington, United States
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The GuardianThe Guardian

Fed expected to raise interest rates for first time since 2018, markets rise on Ukraine hopes – business live

European and Asian stocks rally, rouble edges higher ahead of Russian bond payments, while Brent crude rises back above $100 a barrel

·London, United Kingdom
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Axios broke the news in Washington, United States on Monday, March 14, 2022.
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