The Fed raises interest rates by a quarter point and hints at another hike by the end of 2024

The US Federal Reserve announced a 0.25 percentage point increase in its benchmark interest rates.

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The fact

This decision comes amid ongoing efforts to combat persistent inflation in the United States.

Another rate hike could occur by the end of the year, according to the Fed's guidance.

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Auto-synthesis from 4 media sources · identified on September 16, 2026