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Federal Reserve Officials Expect Another Rate Hike Will Be Needed This Year, According to Minutes

WASHINGTON (AP) — Most Federal Reserve officials expect that another interest rate increase will likely be needed this year to combat inflation, according to minutes released Wednesday from the central bank's most recent meeting.

Sources (1)+13 copies· Oct 7, 6:05 PM to Oct 7, 6:27 PM

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U.S. News & World Report· Oct 7, 6:05 PMFederal Reserve Officials Expect Another Rate Hike Will Be Needed This Year, According to MinutesAlso ran in Baltimore Sun, Boulder Daily Camera, Hartford Courant, New York Post, Norfolk Virginian-Pilot, Reading Eagle, San Diego Union-Tribune, Santa Ana Orange County Register, St. Paul Pioneer Press, The Boston Globe, The Mercury News, WDIV ClickOnDetroit, WTOP

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Mark Zandi Says Higher Rates Are Already Starting To Damage The EconomyMoody’s chief economist Mark Zandi warned before the Federal Reserve’s September meeting that raising rates would be a “serious Fed policy mistake.” The Fed

EUROPE SAYS4d agoWhole story →

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Let exchange rate act as shock absorber: IMF on Fed hike impact on IndiaOn September 17, the Federal Reserve raised interest rates for the first time since July 2023 and indicated another hike could follow, as part of its effort

EUROPE SAYS4d agoWhole story →

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How are higher interest rates and rising prices affecting you?Last month, the Federal Reserve raised interest rates for the first time in more than three years, as it tries to bring inflation under control. But higher rates make borrowing more expensive for consumers and businesses — one reason mortgage rates have climbed to a three-year high in recent weeks.

Cable News Network7d agoSources (2)Whole story →

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Build federal reserve rate hike

What's Happening in the Bond Market Right Now (And Should You Adjust Your Portfolio?)The Federal Reserve rate cut has gotten most of the coverage, but several other issues are pushing bond yields higher.

Kiplinger7d agoWhole story →

Economy federal reserve rate hike

Hong Kong Investors Buying Treasuries Is a No-Brainer: Shuli RenWith its currency pegged to the US dollar, Hong Kong flinches when the Federal Reserve starts raising interest rates.

Bloomberg Tax News7d agoWhole story →

Economy federal reserve rate hike

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