Money

Fed raises interest rates for first time in 3 years to fight inflation, forecasts six more hikes in 2022

Paul Davidson, USA TODAY Comments Off on Fed raises interest rates for first time in 3 years to fight inflation, forecasts six more hikes in 2022

The Federal Reserve raised rates to battle inflation that's at a 40-year high. It forecast six more hikes in 2022.

     
Paul Davidson, USA TODAY
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