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US Federal Reserve increases rates to 4%
The U.S. Federal Reserve raised interest rates to 4% for the first time in 38 months, in an effort to control inflation. This move comes after a series of interest rate increases that have affected financial markets and borrowing. It is the largest hike in over three years and represents an important step in the bank's policy to address rising prices. This decision reflects a timeline focused on curbing inflation, while monitoring market reactions and the impact on economic growth.
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