The US Federal Reserve raised its target interest rate by three-quarters of a percentage point to a range of 3.00%-3.25% on Wednesday and signaled more large increases to come in new projections showing its policy rate rising to 4.40% by the end of this year before topping out at 4.60% in 2023 to battle continued strong inflation.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/6Pn19Zr
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