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Federal Reserve rate hike reflects new world of sticky inflation and faster growth - AP News

Federal Reserve rate hike reflects new world of sticky inflation and faster growth - AP News

President Donald Trump has renewed his attacks on the Federal Reserve after it hiked its benchmark interest rate Wednesday, but the Fed matters less than broader economic trends when it comes to longer-term borrowing costs, economists say. The economy is grow…

WASHINGTON (AP) President Donald Trump has renewed his attacks on the Federal Reserve after it hiked its benchmark interest rate Wednesday, but the Fed matters less than broader economic trends when … [+4706 chars]

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