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 Posted in Uncategorized

Current Federal Reserve Interest Rates and Why They Change

 June 23, 2023

In June, the Federal Reserve announced that it would raise interest rates by 0.75%, shifting the target range to 0.75% to 1.75%. During the Covid-19 pandemic, the interest rate was kept at a near-zero range but has changed course as inflation has surged.

https://www.thebalance.com/current-federal-reserve-interest-rates-4770718

 

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