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Fed hikes rates to highest since dot-com bubble as anti-inflation campaign winds down

By Zach Halaschak
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Fed hikes rates to highest since dot-com bubble as anti-inflation campaign winds down

The Federal Reserve hiked interest rates Wednesday in what is expected to be the end of its campaign, launched hurriedly last year, to counter historic inflation by increasing borrowing costs.

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Federal Reserve Inflation Interest Rates Recession Washington D.C.