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Bitcoin.com 2023-07-26 18:45:22

Federal Reserve Raises Federal Funds Rate by 25bps Amidst Moderate Economic Growth

In the latest Federal Open Market Committee (FOMC) report, it was stated that the U.S. economy has been experiencing moderate growth and members of the committee have decided to raise the federal funds rate by 25 basis points (bps) in order to keep a handle on inflation. Fed Raises Benchmark Bank Rate by 25bps The

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