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1 year ago

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Fed policymakers see higher interest rates for longer

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Fed policymakers see higher interest rates for longer

Federal Reserve policymakers expect to raise U.S. interest rates further, and keep them high for longer, than they had earlier anticipated, signaling Wednesday that squashing high inflation will likely take a bigger toll on the economy and the job market than they had hoped.

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Fed policymakers see higher interest rates for longer

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Fed policymakers see higher interest rates for longer

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