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EconomyU.S. Federal Reserve raises interest rates for first time in 3 years

The Federal Reserve raised interest rates, saying the move was intended to help return inflation to its 2 per cent target. It was the first policy shift by the new Fed chief, who took office in late May after being selected by Trump amid expectations he would cut rates.

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CCBC News★★★★☆2026-09-16 19:00Original

U.S. Federal Reserve raises interest rates for first time in 3 years
Economy