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Fed opts for smaller rate increase, signals more hikes in 2023
Published 3 years, 3 months ago
Description
Americans buying homes and seeking loans are bracing for the impact of the seventh interest rate hike this year. The Federal Reserve is opting for a smaller increase this time as inflation cools while signaling there may be more economic pain in 2023. Plus, Russia launches new strikes on Ukraine, including the capitol city. Also, a tornado strikes in New Orleans.
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