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Fed Hikes Key Interest Rate

Fed Hikes Key Interest Rate

Interest Rate

Associated Press infographic on the the second consecutive interest rate increase by the Federal Reserve. The AP digital embed chart shows the benchmark federal funds rate, which the Federal Reserve raised Wednesday by three-quarters of a percentage point. This chart is current as of July 27, 2022, and will update as events warrant.Sources: AP reports; Federal Reserve Bank of St. Louis.

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