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Fed Meets Next Week To Confront Rising Inflation Pressures
Federal Reserve Chair Kevin Warsh and his colleagues are trying to decide whether to hike interest rates.Credit: David Paul Morris / Bloomberg via Getty ImagesKey TakeawaysThe Federal Reserve’s policy committee is expected to raise its key interest rate for the first time since 2023.Fed officials face pressure to raise rates to combat stubbornly high inflation that has run above target since 2021.A rate hike could provoke a response from President Donald Trump, who has demanded that the central bank reduce interest rates.Federal Reserve officials meet Wednesday to plot the next move in their…
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