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Why the Fed raised interest rates by the smallest amount since it began its epic inflation fight

Why the Fed raised interest rates by the smallest amount since it began its epic inflation fight Markets reacted positively to Fed Chair Powell’s acknowledging “disinflation” is happening. AP Photo/Seth Wenig   By William Chittenden, Texas State University The Federal Reserve’s policy-setting committee lifted interest rates on Feb. 1, 2023, by a quarter of a percentage […] Source
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