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Federal Reserve boosts rates to 4%
The Federal Reserve in the United States has decided to raise interest rates for the first time in over three years, increasing the target range by a quarter percentage point to between 3.75% and 4%. The bank clarified that this decision is aimed at supporting price stability despite ongoing economic uncertainty, with inflation remaining high amid rising diesel prices to an unprecedented level. The report indicates that economic activity remains strong, with momentum in investments and the labor market, while inflation continues to be a major concern.
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