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The Fed continues its crackdown on inflation, pushing up interest rates again

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Chair of the U.S. Federal Reserve Jerome Powell speaks at the Brookings Institution, November 30, 2022 in Washington, DC. (Getty Images)
Chair of the U.S. Federal Reserve Jerome Powell speaks at the Brookings Institution, November 30, 2022 in Washington, DC. (Getty Images)

This article was originally published on December 14, 2022.

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