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Published in Finance

MiBiz on WOOD-TV8: The Fed begins to steadily increase interest rates to combat inflation

BY Monday, March 21, 2022 01:51pm

The Federal Reserve last week began the first of what’s expected to be several quarter-point interest rate increases to help curb inflation that’s running at a 40-year high.

Local experts say the move signals a focus on inflation as economic growth is expected to continue. MiBiz Managing Editor Andy Balaskovitz discussed the move this morning on WOOD-TV8’s “Daybreak” program. Additional coverage from Senior Writer Mark Sanchez can be found here.

Read 1169 times Last modified on Thursday, 24 March 2022 13:55
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