The Federal Reserve raised its key federal funds rate for the 10th consecutive time, announcing a 0.25% rate hike Wednesday to 5% to 5.25%.The move was widely expected by Wall Street as the macroeconomic policy crafters have yet to break the labor market and inflation levels are still considered elevated.
#recent-weeks #uncertainty #wall-street #federal-reserve #largely-due #mortgage-rates #economic-growth
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