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Home 24 Hour News Feed Stock market takes steep plunge after latest interest rate hike

Stock market takes steep plunge after latest interest rate hike

Joey Jun 17, 2022 comments off
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Stock market takes steep plunge after latest interest rate hike

Faced with historic inflation, the Federal Reserve has hiked interest rates to drive prices lower, but the move could slow spending and increase the chance of a recession.

ABC economy fed federal GMA inflation interest market money NEWS p_cmsid=2494279 p_vid=news-85458404 plunge rates recession reserve stock
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