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Federal Reserve is expected to raise its benchmark rate, defying Trump’s demands - AP News

The Federal Reserve is widely expected to lift its short-term interest rate Wednesday for the first time in three years to fight stubbornly high inflation, a move that would put the central bank at od...

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WASHINGTON (AP) The Federal Reserve is widely expected to lift its short-term interest rate Wednesday for the first time in three years to fight stubbornly high inflation, a move that would put the c… [+5599 chars]

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