Fed poised to attack inflation with another interest rate hike - CNA

The US Federal Reserve is widely expected to announce another three-quarter-point increase in the benchmark borrowing rate at the end of its two-day policy meeting.

WASHINGTON: The Federal Reserve is set to announce another big interest rate increase on Wednesday (Jul 27), the fourth this year, in its ongoing battle to tamp down price pressures that have been sq… [+2057 chars]

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