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Julia Michalus Julia Michalus

Fed Resumes Rate Hikes as Inflation Remains Elevated

The Federal Reserve raised interest rates for the first time since 2023, lifting its target range to 3.75%–4.00% as inflation remains elevated and the US economy continues to expand. The move also widens the interest rate gap with Canada, adding another factor for investors to watch as markets assess the possibility of further rate increases.

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