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At today's meeting, Federal Open Market Committee raised its policy interest rate by 3/4 percentage points, bringing target range to 3-3.25%. We're moving our policy stance that will be sufficiently restrictive to return inflation to 2%: Jerome Powelell, chair of US Federal Reserve

At today's meeting, Federal Open Market Committee raised its policy interest rate by 3/4 percentage points, bringing target range to 3-3.25%. We're moving our policy stance that will be sufficiently restrictive to return inflation to 2%: Jerome Powelell, chair of US Federal Reserve

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