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US Central Bank Hikes Key Interest Rate Amid Weaker Than Expected Data


US Central Bank Hikes Key Interest Rate Amid Weaker Than Expected Data
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0:00 0:02:12 0:00

The U.S. central bank raised its benchmark interest rate Wednesday amid concerns about sluggish growth, a slowdown in consumer spending and low inflation. But the head of the U.S. Federal Reserve says the one-quarter of 1 percent increase in the federal funds rate

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