Says another 0.75% move is possible in July

Vowing to rein in rampant inflation and restore price stability, the U.S. Federal Reserve boosted a key short-term interest rate by three fourths of a percentage point Wednesday and said it could consider hiking between 0.50 and 0.75 at the next meeting. What this means for you:

Federal Reserve Hikes Interest Rates by Biggest Amount Since 1994

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