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Oldies 107.9 / 1370 -  Vero's Real Oldies
 
Local News

Fed Announces Another Interest Rate Hike

By Al Lewis
Sep 21, 2022

The Federal Reserve wrapping up its latest meeting today with Fed Chair Jerome Powell announcing the latest increase. The short-term rate is being bumped up another three-quarters of a point for the third time, lifting the benchmark rate to the highest level in 14 years.


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