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Fed minutes: Another rate hike likely coming this year to combat persistent inflation

Fed minutes: Another rate hike likely coming this year to combat persistent inflation
Photo: KSAT 12 (ABC affiliate) · view original

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. The officials unanimously agreed that inflation was still elevated and had not made m...

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