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POLITICSNJ.com·2h ago

Federal Reserve raises interest rates for first time since 2023

Photo · Mark Schiefelbein
AI TLDR · GEMINI

The Federal Reserve has voted to increase interest rates for the first time in three years. This decision marks a shift in the central bank’s monetary policy and ends a period of stable borrowing costs.

The Federal Reserve voted to raise interest rates for the first time in three years. Here's how much they will go up

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