The New York Times

BREAKING NEWS

The Fed raised interest rates by 0.75 percentage points, the sixth increase this year and a sign that inflation is proving hard to control.

Policymakers suggested that there was more to come, but also outlined a possible rationale for slowing rate increases soon.

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@catlynne333 - do they know it will do nothing for inflation but crater the economy? Won't effect rent. Maybe house prices, but they have to crater the market first. Plus, corporate greed won't stop. </rant>

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