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U.S. Fed delivers small rate hike amid global banking turmoil

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U.S. Fed delivers small rate hike amid global banking turmoil

The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs amid recent turmoil in financial markets spurred by the collapse of two U.S. banks.

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U.S. Fed delivers small rate hike amid global banking turmoil

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U.S. Fed delivers small rate hike amid global banking turmoil

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