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The Federal Reserve approves another interest rate hike, the lowest since March in a nod to improving inflation prospects

2023-02-01T19:17:51.183Z


The Federal Reserve of the United States approved this Wednesday an increase in interest rates of 0.25%, slowing the pace of its increases in a clear sign that the central bank has made progress in its fierce battle against inflation. | Economy | CNN


(CNN)

The US Federal Reserve on Wednesday approved an interest rate hike of 0.25%, slowing its rate hikes in a clear sign that the central bank has made progress in its fierce battle against inflation.

The decision, following the first meeting of the 2023 Federal Open Market Committee, comes after months of large rate hikes aimed at cooling the economy.

It also marks a return to more traditional interest rate policy.

Fed Federal Reserve interest rates

Source: cnnespanol

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