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Fed expected to raise interest rates for 10th consecutive time
NBC News Clone summarizes the latest on: Fed Expected To Raise Interest Rates For 10th Consecutive Time 172471877879 - Breaking News | NBC News Clone. This article is rewritten and presented in a simplified tone for a better reader experience.
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The Federal Reserve is expected to announce an increase to key interest rates for the 10th consecutive time in an effort to combat inflation. NBC's Brain Cheung reports on what economic impact the decision could have.May 3, 2023