Tag: GDP Growth
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Fed raises rates by 75 basis points
In its continued effort to fight inflation, the Federal Reserve raised the federal funds target rate another 75 basis points mid-September. This is the third consecutive increase of 75 basis points. The large hikes are sending shockwaves through the financial markets and the overall economy. Federal Reserve officials have now hinted at plans to continue… Read More
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In the dirt: updates from around the industry