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Federal Reserve announces biggest interest rate hike in almost 30 years

The Federal Reserve said it would increase its benchmark rate by three quarters of a percentage point in a bid to rein in soaring consumer prices.

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27 minutes

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Wed 15 Jun 2022 21:32GMT
BBC World Service Europe and the Middle East

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Federal Reserve announces biggest interest rate hike in almost 30 years

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  • Wed 15 Jun 2022 21:32GMT
    BBC World Service Europe and the Middle East

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