Fed Chairman Warns Job Losses Ahead
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Fed Chairman Warns Job Losses Ahead
Plus: What Interest Rate Hikes Mean to You
Fed Chairman Warns Job Losses Ahead
Yesterday the Federal Reserve announced it increased interest rates by .75% or “75 basis points for the third time, to a range of 3 percent to 3.25 percent, the highest level since the 2008 financial crisis.” Federal Reserve Chairman Jerome Powell said, “We have always understood that re…
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