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US Federal Reserve raises interest rate

by David Bishop | May 5, 2022

The US Federal Reserve has raised interest rates by a half a percent, the biggest increase in more than twenty years, while also announcing that it would shrink its massive bond holdings in a bid to combat spiraling inflation. Ira Spitzer has more on the story.

Record US Rate hike

https://www.futuremedia.com.na/wp-content/uploads/2022/05/ENG-Record-US-Rate-hike.mp3

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