[PERSON]
Jeffrey Schmid
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Fed officials signal caution amid shifting economic data
152 clusters · 1423 sources · last updated
Latest: Federal Reserve interest rate hikes drive shifts in consumer savings behavior
The Federal Reserve has raised its benchmark interest rate by 25 basis points, bringing the target range to 3.75%–4.00%. This unanimous decision by the Federal Open Market Committee (FOMC) marks the first rate increase s