FILE - Federal Reserve Chair Jerome Powell speaks during a news conference Dec. 14 at the Federal Reserve Board Building, in Washington, as an aides hand reflects under the podium. On Wednesday, t he Federal Reserve extended its fight against high inflation Wednesday by raising its key interest rate by a quarter-point, its eighth hike since March. And the Fed signaled that even though inflation is easing, it remains high enough to require further rate hikes. / ASSOCIATED PRESS FILE PHOTO / JACQUELYN MARTIN
WASHINGTON (AP) – The Federal Reserve extended its fight against high inflation Wednesday by raising its key interest rate by a quarter-point, its eighth hike since March. And the Fed signaled that even though inflation is easing, it remains high enough to require further rate hikes. Though smaller than its previous hike — and even…
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