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US Federal Reserve fights inflation with third 0.75% rate hike

By France24
22 September 2022   |   10:40 am
The US Federal Reserve has raised interest rates by 0.75 percent for the third time in a row, bringing America's borrowing costs to the highest level since 2008. Like other central banks, the Fed hopes to tame inflation, which is hovering near 40-year highs.

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